Question 1: My husband and I bought a house in January 2006 before we got married. We just got married in March 2007. Do I have to file a quitclaim deed for my name change only? C., Everett Question 2 ...
For example, if your house was worth $200,000 with a $100,000 mortgage balance when the quitclaim deed is recorded, you would have to pay real estate excise tax on that $100,000 debt assumption.
I had a client in this week for her annual review of her fully-funded trust-based estate plan. She asked me about other types of planning by acquaintances about which she has become aware, and the ...
Question: My brother and I bought an investment home in San Tan Valley three years ago. Two months ago, my brother gave me a quit claim deed in exchange for $50,000, and my brother moved to Oregon.
There’s something about the phrase “quit claim deed” that makes people want to use it. Perhaps it’s because some folks call it a “quick claim” deed, and maybe that leads some to hope that a quick deed ...
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