Posted on: 24th Feb, 2010 08:01 pm
Can I quick deed my home to my brother even though I still owe the bank. Thank you
Welcome Jeanine,
Though you owe money on the property, you will be able to transfer your property to your brother with the help of a quit claim deed. However, he will have to refinance the loan in his name after you transfer the property.
Though you owe money on the property, you will be able to transfer your property to your brother with the help of a quit claim deed. However, he will have to refinance the loan in his name after you transfer the property.