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Buying or Selling a Home/quick claim deeds
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Question
I have my brother's house in my name. Due to credit issues I need for my sister in law to take over the house. How can she get the deed in her name and assume the loan?
Unless your sister-in-law applies for and gets a new loan, Sonja, the loan will forever be your responsibility. If you give her a QUIT-CLAIM deed, it will only be half the job. You will still be responsible for the loan. I do wish you well.
Dick Dennis
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Dick Dennis
Expertise
With more than 41 years as a real estate broker, I can solve most any problem presented. If I can`t, I do my research. Problems with mortgages, trust deeds, foreclosures, odd ways of conveying titles. Most any good Realtor can answer questions satisfactorily, but I answer questions that most cannot. Also, ask about my hard-copy newsletter, The Landed Gentry. It can also be sent to you via PDF.
Experience
Solving real estate problems for 37 years.
Organizations
National Association of Realtors
Publications
Publishes The Landed Gentry, guest writer in Who's Who in Creative Real Estate, First Tuesday, Financial Freedom and many newspapers
Education/Credentials
e-Pro Realtor, Certified Distressed Property Expert, Who's Who in Creative Real Estate
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