quick claim deed be done with mortgage balance

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quick claim deed be done with mortgage balance

jameshogg

Posted on: 20th Oct, 2009 02:44 pm

Can I quick claim a property deed back to my father with a mortgage balance in my name on the property.

Total Reply : 1

Hi tabithapoole,

You can definitely quitclaim your property to your father. However, if the lender comes to know about it, he may want your father to refinance the loan in his name or will call the loan due immediately.

Thanks

jameshogg

Posted on: 20th Oct, 2009 07:30 pm

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