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Updated about 6 years ago on . Most recent reply

User Stats

50
Posts
2
Votes
Sophia Berry
  • Investor
  • Lithonia, GA
2
Votes |
50
Posts

Trust Transfer Deed process

Sophia Berry
  • Investor
  • Lithonia, GA
Posted

Hello Everyone,

I can't seem to get an attorney to call me back so I thought I would ask the question here. My mother put the deed to our family home in a Trust Transfer Deed in 2003 for my two siblings and I. The home is currently a rental property with a tenant. I originally asked her to do a HELOC for me in order to purchase some investment properties however she stated that she didn't want to have to deal with all of the paperwork and suggested I refinance the house in my name and do it myself. My question is in order to get the process started, can she quit claim the deed over to me? Will that be enough to get the refinance started or will she have to do anything else. I have read that she will need to complete a Preliminary change of ownership report as well as a Tax affidavit. The property is located in California.

Thanks in advance.

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