Posted on: 06th Dec, 2007 06:13 am
can you do a quick claim deed at closing with someone
it's called a quit claim deed (to save you embarassment when you refer to it again), and yes you may permitted that all parties agree to it, and if a mortgage financing is involved the lender must be ok with it as well.
Hi nubianbabi,
Welcome to this forum.
You can use a quitclaim deed but if the property is a mortgaged property, you have to take consent from the lender before signing the quitclaim deed.
Thanks,
Larry
Welcome to this forum.
You can use a quitclaim deed but if the property is a mortgaged property, you have to take consent from the lender before signing the quitclaim deed.
Thanks,
Larry
Hello Nubianbabi,
You may transfer ownership interest using a quit claim at the time of closing, but in some states these two events should happen separately.
You may transfer ownership interest using a quit claim at the time of closing, but in some states these two events should happen separately.