Posted by ROBIN on April 10, 2003 at 07:17:48:
Can someone please give me info on this? does a quit claim deed override or surfice, as to not haveing to go through the assumption process…please read prior post…
quit claim deed/assumption - Posted by robin
Posted by robin on April 09, 2003 at 17:04:07:
my question is if i have a signed quit claim deed from my x husband, already signed, and in the process of being registered, and now i recieve form the mortgage lender a huge envelope with applications for an assumption…is the quit claim deed sufficient enought to get his name off of the deed, so that i may sell propery and pay off loan. do i still need to fill out assumption papers as they are asking for info as to my qualifications to pay…hello, iv been paying all along, but my credit status would probably not be enough income to qualify for a new loan…i just dont want problems to arise when i sell. the loan balance due is far far less than what i stand to prifit, and wnat to make sure i am within my right to sell with quit claim deed. any info would be great. thanks