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If there is a mortgage, where both people have the responsibility to pay, they may opt to not accept the quit claim. Easiest thing to do is to refinance in one name.
Answer
Your question needs more detail. A deed cannot be "revoked" by a mortgage company.
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Does the grant deed already provide what a quitclaim deed would your mortgage company is asking for a quitclaim deed but you already have a grant deed Is it possible to get both?
The grant deed and quick claim deed are very different. It is possible to get both for the mortgage company. You will need to visit a title company for more details on your specific situation.
Can you claim mortgage interest with quit claim deed if you are not on the mortgage?
You must be making the payments to claim the interest. However, if you are not on the mortgage there could be an issue.
How do I Revoke a quit claim in Arizona?
Answer: You conveyed any interest you owned when you quitclaimed it to the grantee. You cannot revoke a deed unless perhaps there was a revisionary clause and the conditions were not met.
What form do you fill out to add your name to your husband's mortgage deed?
It is called a 'quit claim deed'. You can call any title company, they will fill the form out properly and have it recorded at the county recorders office.
Are you a homeowner if you pay mortgage?
You are, but your mortgage company is on the deed and is also considered an owner of your home.
Can the mortgage company take your house without the deed?
By definition a mortgage is secured on the deeds of the house. They will have the deed (or officially have their name legally registered for the property) if they have given you a mortgage.
Can a spouse be added to a house deed when mortgage is in both names?
It depends on the laws of the the jurisdiction. In many cases the bank would have required this to get the mortgage. There may have been a quit claim deed filed with the mortgage.
How can you get your father-in-law off your mortgage if he was a co-signer?
He can sign a "quit claim deed". Signing a quit claim deed allows you to deed any of YOUR interest in a property to someone else. To do tha you may want to make sure your father-in-law is off the mortgage first.
Does mortgage responsibilty fall on the daughters of their deceased dad if he gave them the house with a quit claim deed?
The mortgage is still a lien against the property. A quit claim deed does not affect the liabilities and liens, which are still the responsibility of the deceased, and therefore, his estate.
In Pennsylvania can a co-signer be removed from the deed by signing a quit claim deed?
Yes. Signing a quitclaim deed will divest you of your ownership in the property. However, it will not divest you of your obligation to pay the mortgage if you also co-signed a mortgage. Also, if there is a mortgage, changes in ownership may trigger a demand for full payment of the note. Review the mortgage document if there is a mortgage.
In simple terms what does it mean to receive a deed in lieu of foreclosure?
A deed in lieu of foreclosure refers to the process of handing over a property deed to the mortgage financier and no longer having to pay the mortgage. The property now belongs to the company who financed the mortgage.
Do you need to redo the deed to refinance?
You will need your deed to refinance your home. If you no longer have it, your mortgage company should be able to get it for you.
