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Company Loan Type APR Est. Pmt.

quick deed

Posted on: 06th Apr, 2009 12:47 pm
i signed a qick deed to my ex to get her off my back. i just wanted the morgage out of my name. the house forclosed on i thought if was all over and done with them she and the mortage company signed a loss mitigation agrement i sent all parties a letter saying i don't agree with any terms if my name is on the mortage but they did it anyway. how can they do this with out my consent.
a qick deed and a mortgage are two seperate things. Signing a quick deed doesn't get rid of the debt obligation.
Posted on: 06th Apr, 2009 12:58 pm
hi donna,

i agree with bill. you signed a quitclaim deed and transferred the property in her name. but i think she did not refinance the mortgage in her name. thus, your name has still remained on the mortgage. however, they should have informed you about the terms and conditions of the loan modification.
Posted on: 06th Apr, 2009 09:32 pm
that is what i would have thought. I guess i will have to get a lawyer and see what me right are. Just don;t see how they could do that without my consent.
Posted on: 07th Apr, 2009 10:08 am
Hi donna,

Yes, it would be good if you could contact an attorney and take his opinion in this issue. Do keep the community posted about your discussion with the attorney. That will definitely help others who are facing such a similar situation.

All the best.
Posted on: 07th Apr, 2009 11:35 pm
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