Tag: mortgage transfer

  • Do Quitclaim Deeds Affect Mortgages? What You Need to Know

    Quitclaim Deeds and Mortgages

    One of the most common misconceptions about quitclaim deeds involves their relationship with existing mortgages. Many property owners believe that adding someone to their title or transferring ownership through a quitclaim deed will automatically affect their mortgage terms, payment obligations, or loan status. Understanding the true relationship between quitclaim deeds and mortgages is crucial for making informed decisions about property transfers and avoiding costly mistakes.

    (more…)