Posted on: 19th Apr, 2010 11:14 am
There is still a mortgage on the house. I would like to transfer everything to my sibling. The property is in Texas. What form do I use? Warranty deed or Quickclaim deed?
Hi ne!
Welcome to forums!
You will have to use a quit claim deed in order to transfer your property to your sibling. Once the property transfer is complete, your sibling will have to refinance the loan in his/her name.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
You will have to use a quit claim deed in order to transfer your property to your sibling. Once the property transfer is complete, your sibling will have to refinance the loan in his/her name.
Feel free to ask if you've further queries.
Sussane