Location: Georgia
Submitted 06/18/11 09:13 PM

Q. my son and i own a house together i own 68% and he owns 38% and he has walk away from the responsabilty of this house how can i get his name off of deed

 

Answer #1
Submitted 05/24/12 06:55 AM
Charlie Ragonesi Big Canoe homes Big Canoe, Jasper, North Georgia Pros (AllMountainRealty.com): Agent in Big Canoe, GA Charlie Ragonesi Big Canoe homes Big Canoe, Jasper, North Georgia Pros (AllMountainRealty.com)
Agent
Big Canoe, GA

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A.

You can have him quit claim his piece to you. I would consult a real estate attorney to look at how the deed was done origonally and see if this will work

Answer #2
Submitted 05/24/12 11:48 AM
Steven Cook (MLO #293441) Pierce, Kitsap, Thurston, King Counties, Steven T Cook (Cascade Pacific Home Loans - Federal Way, WA): Mortgage in Tacoma, WA Steven Cook (MLO #293441) Pierce, Kitsap, Thurston, King Counties, Steven T Cook (Cascade Pacific Home Loans - Federal Way, WA)
Mortgage
Tacoma, WA

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A.

There is another issue, if there is a mortgage on the property.  In that case, you really should get it re-financed into your name alone, with the quit claim deed done at same time as your signing, so can clear him from the title completely.

Answer #3
Submitted 05/25/12 11:55 AM
Ken Rizza (Homestar Financial Corp): Mortgage in Buford, GA Ken Rizza (Homestar Financial Corp)
Mortgage
Buford, GA

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A.

Steve is right- you should get him off the loan as well as the property .

 

 

Answer #4
Submitted 06/06/12 05:50 PM
Kathy Sheehan (Prospect Mortgage): Mortgage in Sandy Springs, GA Kathy Sheehan (Prospect Mortgage)
Mortgage
Sandy Springs, GA

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A.

A quit claim deed will take him off the title, however, he will still be legally obligated if he is a co-borrower on the mortgage.  It would be best to discuss with your loan professional and attorney.

Answer #5
Submitted 06/06/12 06:21 PM
Robin Fraser (Keller Williams Realty The Market Place 1): Agent in Las Vegas, NV Robin Fraser (Keller Williams Realty The Market Place 1)
Agent
Las Vegas, NV

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A.

I agree that a qit claim deed will remove him from title, but you will still have to deal with the mortgage company and any issues there.

 

 

Robin Fraser

702-622-0601

REALTOR®. Broker-Sales

Epro, SFR, CDPE, CIAS, CDAT

Keller Williams Realty, The Market Place 1

1333 N. Buffalo Dr. #270

Las Vegas, NV 89128

Email FraserProperties@aol.com

http://FraserPropertiesLV.com

www.RFTeamHomes.com

Answer #6
Submitted 06/13/12 02:12 AM
Ron Climer (Climer School of Real Estate Orlando, Fl): Education in Orlando, FL Ron Climer (Climer School of Real Estate Orlando, Fl)
Education
Orlando, FL

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A.

Go see an attorney.  Take your son with you.  For a couple of hundred bucks, the attorney will prepare a deed, your son signs it, you record it. you own the property by yourself.  If your son is unwilling to do that, you have bigger problems.  Just keep making the mortgage payments. You don't need to re finance.  This is not complicated unless your son wants to make it complicated.
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