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#1
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Quitclaim deed and selling the houseWhat is the name of your state? North Carolina My new husband signed a quitclaim deed giving his interest in his house to his exwife back in 1999. However, the mortgage for the loan on the house still has his name on it. She got two lines of credit on the house over the last few years and has paid the mortgage faithfully since 1999. We recently found out that she is putting the house up for sale. While we don't have a problem with her selling the house, we are concerned that there may be ulterior motives (ie possibly moving the children out of state) as she didn't tell the kids, nor us. We found out b/c we were looking on line for a new house and saw her address on a realtor's website. My question is, although i understand he has no claim to the house, does he have some sayso since his name is still on the mortgage? If she sells the house and she gets a check, will the check have both her and my husbands name on it? sorry if this is a confusing question. thanks! |
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#2
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| He should be thrilled that debt obligation is disappearing. He CAN get his attorney to court to file for a move-away restriction on the kids before she can move anywhere.
__________________ Adoptive parents ARE "real" parents. Sharing genes is not what makes you a "parent"! |
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#3
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| "does he have some sayso since his name is still on the mortgage?" *** Nope. The mortgage and the title are too separate issues. "If she sells the house and she gets a check, will the check have both her and my husbands name on it?" *** Probably not. Any remaining funds (after mortgages, etc.) are paid off will be hers in entirety. And as noted by next, right now your husband is still on the hook for the note if his 'ex' fails to pay. Once that mortgage is cleared (in the sale), his obligation will also end.
__________________ There are at least 17 lawsuits (!!) pending in various courts, including the US Supreme Court, asking if Obama is a natural born citizen (as req'd by Art II, Sec 1 of the US Constitution). Why has he spent over $1.35M in legal fees to block disclosure... rather than spend $12 for a VALID birth cert to settle the matter? The 'certificate' he has presented doesn't qualify to get a drivers license, wouldn't allow a child to qualify for Little League, or for a real citizen to get a US passport! |
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#4
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| thanks for your responses. Here's another follow up question. In order to pay off the mortgage (which has both names on it) wouldn't my husband have to be present at the closing to sign and pay off the mortgage? |
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#5
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| Nope. At closing the title company will have the 'payoff' figures from the mortgage company and will simply cut them a check to pay off the mortgage.
__________________ There are at least 17 lawsuits (!!) pending in various courts, including the US Supreme Court, asking if Obama is a natural born citizen (as req'd by Art II, Sec 1 of the US Constitution). Why has he spent over $1.35M in legal fees to block disclosure... rather than spend $12 for a VALID birth cert to settle the matter? The 'certificate' he has presented doesn't qualify to get a drivers license, wouldn't allow a child to qualify for Little League, or for a real citizen to get a US passport! |
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#6
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| This is one situation where one need not be present to win ( a payoff) |
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