Tax implications of Quit claim deed
What are the tax implications of a Quit Claim? Who pays the property tax? Thank you.
Can quitclaim deed transfer mortgage debt?
A friend of ours is having financial difficulties and is behind in his house payments, he is wanting to do a Quit Claim Deed transfer to us and we would take over the house payments to bring it up to date and finish paying for it. Are there legal complications in doing this since he still owes money? Should we go to the bank instead?
Can quit claim remove name from title?
I was married for 8 yrs and separated now for 4 but not officially divorced yet. My ex hubs purchased a condo 3 months before we got married and I had nothing to do with any paper work or any involvement with the condo. We lived in it for 8 yrs and I left 4 yrs ago due to an unhealthy and verbal abusive environment. I left everything but by cloths and started a new life. Now after 4 years of being separated he wants me to sign a quit claim deed because he wants to sell the condo. What I don...
Mobile home loans - How to qualify and what are the options?
If you're a home buyer looking for housing options other than traditional site built houses which cost you more, then mobile/manufactured home may be the right choice for you. Mobile homes are first built in factories and then taken to the site where it may or may not be given a permanent foundation. There are 2 options when it comes to financing your mobile home. Check out the financing options and the topics as given below: Types of mobile home loans
How foreclosure affects your credit score
If you were quit claimed on to a property and are not on the loan. If the property get foreclosed on will this effect your credit? Will a forecoseure show up on your credit report? And how do you find out if the other person on the title who does carry the loan has missed payments and may be near a default?


paid off, then you start paying off the house itself. If you are looking at an interest only loan, you will want to make sure that the standard interest rates at the time are in the lower percentage. Interest only loans will have two types of interest rates that may be applied. The first is a fixed interest rate, which will mean that the percentage you pay will stay the same the entire time that you have the loan. The second will be a variable interest, where it will fluctuate according to the economy. This type of interest rate is good if you want to pay higher or lower amounts at different times, but not good if your pay check doesn't have the same flexibility. The interest that you get with an interest only loan will be determined by the lender and how they decide to set up your loan. It may also be determined by the amount of the down payment that you make and specific rules that are set to the loan. Before signing the papers, make sure that you know how all of these apply and what it means. If you want to make sure that you get the best deal, then it will be important to know what the individual rules are. By doing this, you can ensure that your payments are beneficial to you as well as everyone else. One place to investigate is with the possibilities of an interest only loan.
HomeSites.Com has provided detailed, comprehensive realty and mortgage information for home buyers and sellers since 1997! For all of your real estate needs, access HomeSites.com!

Here are some more real estate articles...