Real Estate Deed Transfer

[irvine123_IHB]

Can parent completely deed over the house to one of the kids if there is still a mortgage on the house? The current mortgage is only under the parents name.



Also, anyone here can recommend a local attorney that specialize in elder care / planning?

 

[usctrojanman29_IHB]

[quote author="irvine123" date=1234356486]Can parent completely deed over the house to one of the kids if there is still a mortgage on the house? The current mortgage is only under the parents name.



Also, anyone here can recommend a local attorney that specialize in elder care / planning?</blockquote>
The answer is yes...via a Quit Claim Deed. You won't be able to transfer the Grant Deed unless the mortgage is refi'ed to whoever is gonna be on title.

 

[graphrix_IHB]

[quote author="irvine123" date=1234356486]Can parent completely deed over the house to one of the kids if there is still a mortgage on the house? The current mortgage is only under the parents name.



Also, anyone here can recommend a local attorney that specialize in elder care / planning?</blockquote>


Yes, and yes. But, there might be better ways of doing it. PM me if you are serious. I have a few choices for you.