Posted on: 08th Jun, 2010 06:41 pm
if a bank holds the title can we warranty deed the house to our children.
Hi Guest,
If there is a mortgage on the property, then you cannot use a warranty deed to transfer the property to your children. You can transfer the property to your children by using a quit claim deed.
Thanks
If there is a mortgage on the property, then you cannot use a warranty deed to transfer the property to your children. You can transfer the property to your children by using a quit claim deed.
Thanks