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You could file a quit claim deed. It will not remove your obligations under the mortgage and since the quit claim means they get the same rights you have, it doesn't to any good, except if there is any equity in the property after the sale, they will get it, not you.

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โˆ™ 2014-11-23 23:58:51
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Q: Can you quick claim deed if house is in foreclosure?
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Related questions

In ohio if i sign a quick claim deed to land and a house when my name is on the loan what exactly does this mean for me?

In Ohio, signing a quick claim deed to land and a house when your name is on the loan will still make you legally responsible for the loan.


In ohio if i sign a quick claim deed to land and a house when my name is on the loan what exactly does this mean for me-?

In Ohio, if you sign a quick claim deed to land and a house when your name is still on the mortgage loan, you will still be responsible to the bank.


If a husband and wife are both listed on the deed for a house can one refinance without the others knowledge?

no, it is illegal both on the house - both have to sign one can sign a quick claim deed and then the other can refi the house? no, it is illegal both on the house - both have to sign one can sign a quick claim deed and then the other can refi the house?


If your house is in forecloure can your spouse buy another house while you file bankruptcy There was a quick claim done to get spouse name off of the title?

If two people owned property, executed a mortgage, and the mortgage is in default, the foreclosure will be filed in both names. It was both mortgagors who defaulted and both will be parties to the foreclosure. If one executes a quitclaim deed to the other that will not stop their being mentioned in the foreclosure.


How do you remove your name from the deed when the house goes into foreclosure?

You can't remove your name from a deed. After the foreclosure sale a foreclosure deed will be recorded from the lender to the new owner. Your deed will remain on record as part of the record history of the property.


What is the difference between a quitclaim deed and a quick-claim deed?

There is no such thing as a quick claim deed. Quitclaim deed is the correct term. A quitclaim deed is a written instrument used to transfer an owner's interest in real property.


How do I file a quit claim deed?

In order to file a quick claim deed, a person must have a written form that is signed before a notary that outlines the assets and conditions of the deed. A quick claim deed must also have a grantor and a grantee.


Can a Quit Claim Deed start a foreclosure action?

If the original holder had an action. The quit claim deed only gives the individual the same rights as the original person.


what is a ouick claim deed?

Quick Claim Deed is usually misspelled and should be Quit Claim Deed. If you are granting the deed you are "quitting" any interest in the property. A quitclaim deed is a fast and effective way of transfering property.


Can I quick deed my father's house he died in March?

If you are not on the title, no, you cannot quit claim the deed. The executor of the estate will have to execute a transfer of the property, once the estate is settled.


Alabama - If spouse is being sued for his own credit card debt and you own a house together would it be a good idea to do a quitclaim deed for you?

yesget the quick claim deed


Can you do Deed in lieu after foreclosure?

deed in lieu after foreclosure?


Are you liable if you are getting a divorce and your house is facing foreclosure but your name is not on the deed?

Getting a devorce and house is facing forclosure but my name is not on deed. Am I liable.


How do you fill out a quick claim deed?

First of all, although it is often times called a "quick claim deed", it is actually called a "quit-claim deed". What one is doing who is transferring real property via a quit-claim deed is quitting or giving up whatever claim they have in the property. A quit-claim deed, therefore, can be a risky way of purchasing property when compared to using title insurance.From there, the process depends on state law. The Grantor is the person who is quitting their claim, the Grantee is the one who is receiving the claim.


What is a quick claim deed transfer?

It is a 'quit claim' deed. It means the grantor gives any rights to the property to the new person.


I am divorced i have a quit claim deed on my ex's house she is going into foreclosure can the bank come after me?

If you didn't sign the mortgage then the bank can't come after you for payment in the case of a default. However, they can foreclose on the mortgage and take possession of the property notwithstanding the quitclaim deed to you.


How can you add your spouse on your house deed?

Quit Claim Deed


Who signs as the affiant line in the quick claim deed?

the grantor


If you paid the equity to your spouse from your divorce and obtain a quick claim deed can his name be dropped from the deed without refinancing?

It is a "quit claim deed" that you have to obtain and you have to refinance to drop the other name. It is a "quit claim deed" that you have to obtain and you have to refinance to drop the other name. It is a "quit claim deed" that you have to obtain and you have to refinance to drop the other name. It is a "quit claim deed" that you have to obtain and you have to refinance to drop the other name.


Does a Deed in lieu of foreclosure affect credit the same as a foreclosure?

Deed in lieu of foreclosure is not nearly as devastating to your credit as is a full foreclosure. Below is an article about the pros and cons of deed in lieu.


How does one stop forclosure on their house?

There are many ways one can stop foreclosure on their house. One can stop foreclosure on their house by changing the terms of their loan, spreading out missed payments over a longer period of time, and signing a deed-in-lieu of foreclosure.


Is quick claim deed the same as joint owned?

They are not the same, a quit claim deed is a method of transferring rights to property. Joint owned is a form of ownership.


If your house was included in your bankruptcy can they also mark a foreclosure on your credit it you let the house go?

Yes, unless you bargain for a deed in lieu of foreclosure, Basic- if bank forcloses, its on your record.


If your name is not on the mortgage or deed are you responsible if the bank forecloses on your spouse's house?

If the bank is foreclosing on your spouse's house and you are not on the deed or mortgage then you are not responsible for the debt. The foreclosure should not affect your credit record.


Can I file a quick claim on a deed in trust?

You can transfer your real property to the trustee of a trust using a quitclaim deed.