Posted on: 27th Aug, 2010 02:29 pm
can property in foreclosure be conveyed by quitclaim deed by the owner to the homeowners association?
Hi michael!
Welcome to forums!
As the foreclosure process has already been started, it would be difficult for you to transfer the property to the Homeowners Association. If you do so, it might be considered as a fraud by the lender and the court can penalize you for the same.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
As the foreclosure process has already been started, it would be difficult for you to transfer the property to the Homeowners Association. If you do so, it might be considered as a fraud by the lender and the court can penalize you for the same.
Feel free to ask if you've further queries.
Sussane