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    Viper41's Avatar
    Viper41 Posts: 1, Reputation: 1
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    #1

    Nov 11, 2007, 06:08 PM
    Quit Claim Deed; Financial Responsibility
    If I sign a Quit Claim deed, am I still held responsible for the financial portions of a mortgage? I just want my name removed from the responsibility portion; my former wife cannot obtain refinancing and is currently unable to sell the home.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #2

    Nov 11, 2007, 06:13 PM
    No signing a quick claim deed has nothing to do with the mortgage, only the ownership of the property. Your former wife will have to get a new mortgage to get your name off the loan.
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