Posted on: 16th Mar, 2010 12:11 pm
We are wanting to get out of a manufactured home. We have someone to assume the note. Will a quitclaim deed work for this? The home is in a park.
Hi kimberly_vsqz,
You can transfer the property to someone else using a quit claim deed. However, this will not help you in transferring the mortgage to someone else. You'll have to ask the new owner of the property to refinance the loan in his/her name.
Thanks
You can transfer the property to someone else using a quit claim deed. However, this will not help you in transferring the mortgage to someone else. You'll have to ask the new owner of the property to refinance the loan in his/her name.
Thanks