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Updated almost 2 years ago, 01/05/2023
Quit claim to get off of mortgage?
Hello and thanks in advance these forums have been a big help. My brother went through a divorce and the ex wife got the house. Shes been ordered to pay the mortgage and refi into her name by 2032. How can he get himself off of the mortgage before then? The reason hes worried about it is the mortgage is 3 months behind and hes trying to repair his credit. It could possibly end up being foreclosed. This is wording from the order:
Defendant shall sign a general warranty deed conveying his interest to Plaintiff. That Plaintiff shall be solely responsible for the mortgage on the residence and shall hold Defendant harmless and indemnify Defendant for the payment of the mortgage. Plaintiff shall have until December 31, 2032 to refinance the mortgage on the martial residence to have Defendant’s name removed.