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Quickclaim Deed, Gift Deed, or what kind of Deed?

This is a discussion on Quickclaim Deed, Gift Deed, or what kind of Deed? within the Mortgage Problems and Solutions forums, part of the Mortgage and Loans Forum category; Hi-My mother lives in Texas. She has cancer, which is in remission. My brother and I are in the process ...


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Old 01-15-2008, 11:24 PM
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Default Quickclaim Deed, Gift Deed, or what kind of Deed?

Hi-My mother lives in Texas. She has cancer, which is in remission. My brother and I are in the process of transfering all of her assests to our name..She lives in a Condo which still has a mortage and still lives in...She wants to transfer the Deed into our name. My brother and I don't want to refinance the home..Because, the APR that my mother has it finance at the present time is much lower, than the present APR listed. We know that the mortage will still be in her name when we transfer the Deed and she will continue to live there. Do we seek out a Ouickclaim Deed, a Gift Deed, or what kind of Deed? Thank you very much for the time in consideration in this matter.God BlessWayne

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