Mortgage Refinance, Low Interest Mortgage Broker, Commercial Mortgages
 

Go Back   Mortgage Refinance, Low Interest Mortgage Broker, Commercial Mortgages > Mortgage and Loans Forum > Mortgage Problems and Solutions

         
Reply
 
LinkBack Thread Tools Display Modes
  #1 (permalink)  
Old 01-28-2008, 02:12 PM
Administrator Administrator is offline
Administrator
 
Join Date: Oct 2007
Posts: 25,796
Default Quick Claim Deed

My husband and I lost our house a few years ago. My father bought us a new home which has a mortgage. We have been paying the mortgage directly to him each month for the last 4 years. My mother passed away and when that happend my father went to an attorney and had his will done along with making sure my brother and I get his home and that the home my husband and I live in goes to me. The taxes on our home are very high because the city has it listed as a rental because my father already owns his home in the same city. I was told that if we get a quick claim deed which the attorney's office has done and I file it with the city it will drop my property taxes down thus lowering my house payment (taxes are included in the mortgage). First off I would like to know: How do I go about doing this with the city and if we do do this will there be any consequences? 2nd, what about the mortage interest? Will my husband and I be able to claim that? If not, the current mortage company still lists my mothers name on it as my dad has never sent them her death certificate. Would my dad be able to add my name to the mortgage so that I can claim the interest on my taxes? Anyone who can give me some advise I would greatly appreciate it. We live in the state of Michigan. Thank you.


To view links or images in this forum your post count must be 1 or greater. You currently have 0 posts.


(Source: mortgagefit.com)
Reply With Quote
Sponsored Links
Reply


Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT. The time now is 09:16 PM.


Home :: Register :: Members :: Statistics :: Rules :: Help :: Contact :: Advertise