Msemma123
Jun 21, 2012, 10:26 PM
My house is currently in foreclosure. I would like to transfer my deed to my son. Can this be done without an attorney? Do I have to notify the mortgage?
Msemma123 Jun 21, 2012, 10:26 PM My house is currently in foreclosure. I would like to transfer my deed to my son. Can this be done without an attorney? Do I have to notify the mortgage? ScottGem Jun 22, 2012, 05:05 AM But you can't just transfer the property without the lender's approval. They have a lien on it that prevents that. Also, since the property is in foreclosure there is pending litigation that would prevent a transfer. Fr_Chuck Jun 22, 2012, 05:13 AM As long as you pay the loan off first you can transfer the deed to who ever you want to. You can not legally transfer the deed to someone else without the loan companies permission, which will not happen. If the son wants to assume the debt, I am sure the bank will be glad to have someone start paying. Copyright ©2005-, Ask Me Help Desk
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