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Updated almost 2 years ago,
Help: Subject-to Concerns
We have 2 properties deeded / mortgaged in my children name
They want us to transfer property to our name so they can move on in their lives
Plan to quick claim deed to add our name to the deeds
Then in 6 months quick claim deed again removing children completely from the property
My wife worries that the mortgage company will call in loan if we add our names to the deed
Curious if anyone has ever had a problem with doing this
Or we have heard about insuring transaction against mortgage company calling in the loan
Would love more information on how to do a SUBJECT TO Deal