Ask Experts Questions for FREE Help !
Ask
    Fredrica's Avatar
    Fredrica Posts: 2, Reputation: 1
    New Member
     
    #1

    Sep 26, 2007, 07:53 PM
    Mortgage name change
    My divorce was finalized about 18 mo. Ago. My ex and I owned a house together. My ex signed a quitclaim deed. There is a lien on the house only if I sell which I will not do for quite a while. My ex would like to buy another house and we would both like his name off the house. I do not want to refinance or change anything about my current mortgage agreement except the removal of his name. How can I do this? Do I have to involve a lawyer? The quitclaim deed was registered with the court.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
    Expert
     
    #2

    Sep 26, 2007, 08:07 PM
    You will have to refinance to get his name off the loan, The quitclaim deed has not effect on the mortgage.

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Possible to change mortgage co. Without re-fi? [ 4 Answers ]

Does anyone know if it's possible to switch the company that handles my mortgage without refinancing or changing my loan in any way? After Washington Mutual being the handler for a year and a half, they sold it to Wells Fargo. I have had nothing but trouble ever since. WF seems to be...

Want to get out of a mortgage [ 8 Answers ]

I have been divorced from my ex-wife for over 10 years and we have a daughter together who is now 20 years old. At the time of the divorce, I decided to let my ex-wife and my daughter stay in the house (we did not want her to change schools) and I move out. I paid for child support as well as all...

20 % down on a Mortgage [ 6 Answers ]

I have always been very conservative with my finance and fortunatly I was able to pay off my home in December. My vehicles are paid off and I have no credit card debt; furthermore, I have no intentions of leaving my current home but with all that equity tied up in my property a few questions have...

Need Mortgage Help [ 7 Answers ]

We have owned our house for 2 years, we had to move out of state for a year so we rented our house out. The renters quit paying and we had to hire an atty to evict them and they left the house destroyed. Meanwhile we about the lost the house, we finally worked out an agreement with the loss...

Mortgage [ 1 Answers ]

What will my payment be like on a 80/20 interest loan @7%?


View more questions Search