Posted on: 23rd Jul, 2009 03:21 pm
if i quitclaim deed to my ex can i turn that in to the credit agencies to have the mortgage removed?...with quitclaim deed can i have my mortgage takin off my credit report??? after i quitclaim if hes not willing to refinance what are my other options??? please help a woman in need!!!
Hi moorejennifer!
Welcome to forums!
A quitclaim deed will not help you in removing your name from the mortgage docs. The person to whom you quitclaim the property should refinance the mortgage in his/her name in order to remove your name from the mortgage doc. If the person is not ready to refinance, then he or she can try for a novation which is also a way of transferring mortgage.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
A quitclaim deed will not help you in removing your name from the mortgage docs. The person to whom you quitclaim the property should refinance the mortgage in his/her name in order to remove your name from the mortgage doc. If the person is not ready to refinance, then he or she can try for a novation which is also a way of transferring mortgage.
Feel free to ask if you've further queries.
Sussane