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Mortgage Community Forums | Deeds, Property Transfer and Estate Planning | can a quick claim deed be transfered to someone who has poor credit

can a quick claim deed be transfered to someone who has poor credit

Posted on: 27th Jan, 2011 01:07 pm
Can a quick claim deed be transfered to someone who's credit is poor
hi wfounds,

a quitclaim deed can be used to transfer the property to someone with poor credit. but if there is a mortgage on that property, then the new owner won't be able to refinance the loan in his/her name.

thanks
jameshogg
Posted on: 27th Jan, 2011 07:37 pm
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