Posted on: 02nd Sep, 2009 08:47 pm
i am trying to buy a house. the owner and her ex boyfriend own the house together. he is filing bancruptcy and is wanting to sign a quitclaim deed so that she can sell the house. if this is possible, how long will it take to process. and are there any obstacles we will have along the way??
Best opton in this situation is to consult a realestate attorney
hi guest,
i don't think it would be a good option to purchase the property from them. if the ex-boyfriend is listed on the property deed, then he won't be able to transfer the property just before filing bankruptcy as it would be considered as a fraudulent transfer.
in my opinion, you should check out other properties in your area to know if you can buy anyone of them or not.
take care.
i don't think it would be a good option to purchase the property from them. if the ex-boyfriend is listed on the property deed, then he won't be able to transfer the property just before filing bankruptcy as it would be considered as a fraudulent transfer.
in my opinion, you should check out other properties in your area to know if you can buy anyone of them or not.
take care.
you simpl ask her to sign a quit claim deed in your name. her ex will also sign deed as a grantor.
it is the fastest process, provided her ex is interested. otherwise, do not show your interest for this property and search other in that area.
you need to refinance mortgage immediately in your name.
it is the fastest process, provided her ex is interested. otherwise, do not show your interest for this property and search other in that area.
you need to refinance mortgage immediately in your name.