Posted on: 12th Oct, 2009 01:39 pm
do i need to sign a quit claim deed before my ex-boyfriend can refinance? what happens if i sign the quit claim deed but he gets denied refinancing & my name is still on the loan??...my ex-bf & i bought a house a couple years ago, we broke up a year ago. i want him to refinance before i sign the quit claim deed but he said he can't refinance until i sign it.
you need to coordinate the quit claim and the refinance so that they take place simultaneously. i guess it's safe to assume you don't have a lawyer, right?
go get one - it will be to your benefit.
go get one - it will be to your benefit.
I would but I don't have the money to get one & tried to get a personal loan but since I have the mortgage on my credit I got denied.
Many counties consider this a sale and thus will charge an excise tax similar to if you sold the home to him- you shld see if that is the case as well. The refinance will remove you from the loans' liability as well so it is a good idea to get your name off the loan in case he quits paying
a quit claim deed only removes you form the title of the home not from being legally responsible to make the loan payments.
a quit claim deed only removes you form the title of the home not from being legally responsible to make the loan payments.
Hi Jane!
Welcome to forums!
There are various federally funded programs and self help clinics which may help you get free legal assistance in civil cases depending upon your financial situation. Apart from this, many state, local and county bar associations have pro-bono programs to help people get legal assistance. You can contact your local bar association and check out if you can get any help.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
There are various federally funded programs and self help clinics which may help you get free legal assistance in civil cases depending upon your financial situation. Apart from this, many state, local and county bar associations have pro-bono programs to help people get legal assistance. You can contact your local bar association and check out if you can get any help.
Feel free to ask if you've further queries.
Sussane
you definitely need an advocate - everyone does. i don't know about legal aid, but maybe there's some pro bono work being done that could assist you. lawyers aren't so expensive you would need a personal loan, i wouldn't think.