 |
Property Transferred |
| |
 |
If someone quit claim a deed to me, but still owes the mortgage, can the mortgage be quit claimed as well? or How does that work? |
| |
| |
 |
In almost every situation, the mortgage must be paid off when ownership is changed. If that is an FHA or VA mortgage, it may be possible to take it over but some paperwork will be involved and in most cases the new owner must prove financial qualification to carry the payments. |
| |
|
Edith
Originally published on August 26, 2008 |
| |
| |
|
Back to Summary
|
< Previous | Next > |
| |
|
|
