Posted on: 22nd Jun, 2010 01:57 pm
i am divorced and my ex agreed to a quit claim deed of the house that i reside in but both of our names are on it. he has yet to get one and i am getting frustrated. is this a good thing for me? i currently have the house on the market to be sold. will a quit claim allow me to make all the decisions to sell it but still make him financially responsible?
i need a little help.
i need a little help.
Hi texasbecky,
If your ex signs a quit claim deed and makes you the owner of the property, then you will be able to make all the decisions related to the selling of the property. However, as your ex's name would remain on the mortgage docs, he would be financially responsible for the loan payments.
Thanks
If your ex signs a quit claim deed and makes you the owner of the property, then you will be able to make all the decisions related to the selling of the property. However, as your ex's name would remain on the mortgage docs, he would be financially responsible for the loan payments.
Thanks