Posted on: 31st Oct, 2009 12:54 pm
she told me that she has been preapproved to refinance the house, but is asking me to sign a quitclaim deed so she can do the refinance. i am hesitant to do so as i believe that would be signing my rights away and probably my 9000 dollars. she is not a trustworthy soul and nothing says i would get my 9000 from her after the closing. any advice?
Hi redbones,
It is true that you would lose the ownership of the property if you sign a quitclaim deed in her favor. You can ask her to include a clause in the deed stating that you would receive your dollars at the closing.
Thanks
It is true that you would lose the ownership of the property if you sign a quitclaim deed in her favor. You can ask her to include a clause in the deed stating that you would receive your dollars at the closing.
Thanks