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.
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(Source: mortgagefit.com)
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