QUESTION
If a co-borrower signs a Quit Claim Deed, to the borrower does the mortgage servicer have to start again?
Asked on Nov 07th, 2013 on Foreclosures - California
More details to this question:
Foreclosure sale date re-scheduled for 11-22-13; (HAMP modification in progress) if a co-borrower signs a Quit Claim Deed, to the borrower, (09-18-13) and the Deed has been recorded (09-18-13), does the mortgage servicer/attorneys for the servicer have to start the FC process all over from the beginning because of the Quit Claim Deed?
1 ANSWER
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Mark S. Cherry, Attorney at Law, PC
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The quitclaim deed from a Co borrower would not invalidate the foreclosure case. The servicer would not have to start over.
Answered on Nov 13th, 2013 at 1:24 PM