Posted on: 16th Sep, 2008 02:55 pm
Post Your detailed question here.
Can my property be quitclaimed back to the mortgage company? We are facing financial difficulty on some rental property and I'm afraid we won't be able to take care of all the necessary violations and keep the mortgage payments up to date at the same time. The house is a duplex and one of the tenants just informed us that they will be moving in about two weeks.
Can my property be quitclaimed back to the mortgage company? We are facing financial difficulty on some rental property and I'm afraid we won't be able to take care of all the necessary violations and keep the mortgage payments up to date at the same time. The house is a duplex and one of the tenants just informed us that they will be moving in about two weeks.
You should contact your lender as soon as possible. They may be able to work with you during this diffucult time so that you won't lose the home.
I would start there first and explore other options once that one is attempted.
I would start there first and explore other options once that one is attempted.
thank you. I'll take your advice on this.
