Posted on: 30th Mar, 2010 11:39 am
hi, can u please advise me? i have property in my name and my minor child's name. my husband is deceased. the home loan is in his name but the property is in my name along with a minor child. is it possible to get a quit claim deed?
Hi MILDRED,
A quit claim deed will help you in transferring the property from one person to another. It has nothing to so with the mortgage. You already have the property in your name. If you want to transfer the mortgage, then you'll have to refinance the loan.
A quit claim deed will help you in transferring the property from one person to another. It has nothing to so with the mortgage. You already have the property in your name. If you want to transfer the mortgage, then you'll have to refinance the loan.