Home Insurance in 93702>Question Details

Mv, Home Owner in 93702

Name On Home Deed But Not Mortgage

Asked by Mv, 93702 Tue Jun 19, 2012

My father bought his house off a lady privately, she gave him a reciept and signed the quick claim deed but did not leave the mortgage on his name. the homeowners insurance decided to stop covering and now he cant get insurance on the home what can be done

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Donald Stevens 909-428-0503’s answer
I dont believe having a quick claim deed automatically makes him the owner. If the home is on land contract he can buy his own insurance and list the land owner as the mortgagee if that is who his note is with. He has to have an insurable interest which means a sales agreement or something proving he now owns the home.
0 votes Thank Flag Link Tue Jun 19, 2012
It sounds like everyone tried to cut corners;
and now, you have, what you have.

It sounds like your Dad inherited the Mortgage; whatever it is; do you know?
I would think that he has to contact the Lender, provide the paperwork and see if they will deal with him.
She stopped paying the Insurance, and the Insurance companies won't insure anything if you aren't the owner.

Next, would be filing the Q. C. with the County Recorder; I would think.

Haven't done this, wouldn't try!
0 votes Thank Flag Link Mon Jun 25, 2012
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