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Updated over 4 years ago,
How do Mortgage Payments work after Quit Claim Deed?
I am in the process of a refi at the moment. Currently the property is in my name, after the refi I was planning to quit claim deed into my LLC's name. What I am unsure of is how the accounting on that will work. I have an accountant lined up, but I am the kinda guy that needs to understand the whole process. So if the loan is in my name, will I be making payments on the mortgage or will the LLC?
Any advice would be appreciated, thank you for your time.