Foreclosure in 85257 : Advice

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Lisa Markham, Real Estate Pro in Tucson, AZ
Lisa Markham answered:
If my ex-husband files bankruptcy what happens to the loan and house? The mortgage loan is solely in his name, but house was Quit Claimed to me.
My apologies, I did not see the additional information you posted about the payments being current and wanting to keep the property. Call me to discuss, I think I can help you.

Lisa ... more
0 votes Share Flag Mon May 5, 2014 Foreclosure in 85257
Eric Clyne, Real Estate Pro in Scottsdale, AZ
Eric Clyne answered:
Why won't an agent work with someone who owns his home and wants to sell and invest or buy a foreclosure?
I would think if you own the home free and clear it would make the process a little easier. Reasons for
agents not wanting to work with you could be future financing issues, location ... more
0 votes Share Flag Thu Apr 24, 2014 Foreclosure in 85257
James Wehner, Real Estate Pro in South Scottsdale, Sc...
James Wehner answered:
Me ex husband wants to file bankruptcy. He says he can do this without it affecting me. Is this true?
As the others have mentioned, you will need to consult with your attorney and accountant. Everyone's situation is different. You will need legal and financial advice regarding your spec ... more
0 votes Share Flag Fri Jan 4, 2013 Foreclosure in 85257
Cristine L M…, Real Estate Pro in 85331
Cristine L Masson answered:
Ex quit claimed property after child support contacted him, then sues over property division because I won't close case. Is QC legal?
all a quit claim is is the release of equity position in the property but does not absolve from note (financial) obligation from the lender
need to ask an attorney re: legalities
0 votes Share Flag Tue Nov 1, 2011 Foreclosure in 85257
TerriVellios…, Real Estate Pro in Campbell, CA
TerriVellios.Com answered:
I quit claimed our home, then me and my husband divorced before he declared bankruptcy. Home is now in foreclosure. Am I liable?
This is a legal question which should be answered by your Divorce attorney and possibly a real estate attorney.

Generally a quit claim only relieves any ownership claim to the prop ... more
0 votes Share Flag Tue Mar 22, 2011 Foreclosure in 85257
Jason Whaley, Real Estate Pro in Chandler, AZ
Jason Whaley answered:
'if my recent ex husband files for bankrupcy and our house is in forclosure, how does this affect me?
It depends if you are on the note or not. If not, no worries, if you are, it is already in foreclosure so you would be accountable for the missed payment and a possible deficiency. Chec ... more
0 votes Share Flag Mon Nov 8, 2010 Foreclosure in 85257
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