Daily Archives: August 6, 2008
Research Before Canceling Easement
A home owner asks about canceling an easement that he has on his neighbor’s property. The easement may be for utilities and will be affected when the neighbor builds a pool. Both parties must agree to cancel an easement.
Quit Claim Deed And Mortgage Scam
When you sign over your property to someone else using a quit claim deed, you’re only transferring ownership – you’re still responsible for the mortgage. Even if the person who you’re naming on the quit claim deed promises to make payments on your mortgage, there’s a risk he or she won’t. And since your name is still on the mortgage, you’re still ultimately responsible for making payments. Read more about how quit claiming your home to a stranger who promises to make mortgage payments may be a scam.
