Posted on: 16th Jul, 2009 11:54 am
my house is in forclosure and we have been trying to negotiate a shortsale with the lender, now the buyer of the property wants us to quit claim the property over to them so they can negotiate a refinance with out lender. is this legal to do in the middle of the house going thru the forclosre. my property is in florida.
If you dod quit claim then will remove your name from the property, it will not transfer the loan to your potential buyer.
Unless thier name is on the loan the bank may not want to talk to them about, unless the bank wants to sell the house to them after foreclosure
Unless thier name is on the loan the bank may not want to talk to them about, unless the bank wants to sell the house to them after foreclosure
You can quitclaim the property to them, but they take it subject to the foreclosing lien.
