quick claim deeded prop to ex girlfriend

Anonymous · ‎07-04-2008

5 years ago my ex and i split, we had bought a house together. When we split in mid-02 i did the quickclaim...she was late six times in 2003...hasn't been since....she never got the prop refinanced out of my name...i want the derogs off my report as i didn't do it and the house out of my name..how do i do it..can i dispute it since i quickclaim before the baddies happened?

Anonymous · ‎07-04-2008

scoobjag wrote:

5 years ago my ex and i split, we had bought a house together. When we split in mid-02 i did the quickclaim...she was late six times in 2003...hasn't been since....she never got the prop refinanced out of my name...i want the derogs off my report as i didn't do it and the house out of my name..how do i do it..can i dispute it since i quickclaim before the baddies happened?

As long as your name is on the mortgage papers with the lender, you will be held responsible for the payments or lack of.

You can send a GW letter to the lender and ask for them to remove the lates or the account, it will be up to them.

Anonymous · ‎07-04-2008

i'm sure is common for unmarried couples...do u think they will take it off..is their a good way to convince them? ...I looking to get a piece of prop to build on with DW so trying to rebuild and fix credit... thanks for the input

Anonymous · ‎07-04-2008

scoobjag wrote:

i'm sure is common for unmarried couples...do u think they will take it off..is their a good way to convince them? ...I looking to get a piece of prop to build on with DW so trying to rebuild and fix credit... thanks for the input

I would concentrate on getting my name off the mortgage first, if that hasn't already happened.

Then just send them a letter and be totally honest with them about what happened and everything. Mention that you are going to be shopping for a mortgage with your DW soon and would like your credit to reflect your repaying history, not your ex g/fs...........

They may see you are going to be shopping for a mortgage and take it as a chance to get in your good graces hoping you'll come to them.

As things get tighter, I think it will get more competitive between lenders.

Anonymous · ‎07-04-2008

no my name is not off yet...so call them and then send letter or just letter..ty

Anonymous · ‎07-04-2008

scoobjag wrote:

no my name is not off yet...so call them and then send letter or just letter..ty

For GW'ing lates, I'd just send letter.

Just so you know, if you don't already know, when you go to apply for a new mortgage, chances are this mortgage will be counted against you in your debt to income ratio. They will have to view it as you are responsible for that debt, so your income will have to support that payment in addition to your other debts and the new mortgage.

There may be some lenders who will overlook it when you explain, but not many with the recent crunch.

Message Edited by sidewinder on 07-04-2008 08:26 AM