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-   -   Assuming a co-signed mortgage (https://www.askmehelpdesk.com/showthread.php?t=391927)

  • Aug 30, 2009, 04:35 PM
    HOWITZER55
    Assuming a co-signed mortgage
    How do I assume full responsibility for a mortgage that I co-signed for my daughter. I have already assumed paying the mortgage. She approved of my taking over.

    Thanks
  • Aug 30, 2009, 04:40 PM
    excon

    Hello H:

    In other words, how do you get the daughter off the mortgage... The answer is, you don't. The bank isn't going to let her off. Why would they?

    Let's hope you're on the title, or you'll be buying your daughter a nice home.

    excon
  • Aug 30, 2009, 05:15 PM
    HOWITZER55
    Can mortgage be quick claimed to co-signer?
    Can the primary mortgage holder quick claim the mortgage to me the co-signer? My daughter wants out. I am already living in the house and paying the mortgage for two years. What are my options?
  • Aug 30, 2009, 05:21 PM
    ScottGem

    A mortgage is not property that cen be transferred to another party, at least not without the lender's approval.

    What you need to do is obtain your own financing and buy your daughter out.
  • Aug 30, 2009, 05:47 PM
    excon

    Hello again, H:

    Please keep all your responses to the same problem on the same thread.. It makes it easier to connect all the dots.

    excon
  • Aug 30, 2009, 06:40 PM
    Fr_Chuck

    No, there is not such thing, You can have the mortgage company refi to you,

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