Q: Can a Quick Claim Deed removed home from credit report??
My parents divorced and did a quick claim deed to removed her name from the house. my mom went to buy a car and the house shows up on her credit report making a neg impact on the score-late payment 3 to 6 times. Does a quick claim deed removed your name house and also the mortgage??? If not what should I do???
A: A quit claim deed does not remove you from the mortgage. Signing a quit claim deed while still being financially obligated to property you no longer own is often the dumbest thing a person can do. If this is what has happened, your mom's only hope is that your father refinance's the house in his name removing her from the mortgage. As to what you can do, likely not much other than give your mother this info and possibly use what ever influence you have to encourage your dad to refinance, if he can. Best of luck!
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