Posted on: 20th Aug, 2010 06:47 pm
my wife and i got divorced. she got the marital home in the divorce settlement. she is co-owner on the deed, i am the only one on the mortgage loan. it is a va backed loan. she wants me to sign a quit claim deed giving her the house without refinancing...what should i do?
Tell her to dream on. If you quit claim to her, you will be the only one responsible for the mortgage and she will be the only owner of the home. Tell her you will quit claim when she refinances and removes you from the loan and not a second before then. Never be responsible to pay for something you do not own.