selling house vs quitclaim deed?
me and my mom live in a house together.
the house and loan are under my name,however she pays the mortgage.
i don’t want this house or loan reflected on my credit anymore so i decided to sell my mom the house using gift of equity.
my mom gets social security and disability (if that matters)…
someone mentioned a quitclaim deed,but i don’t think that will get me to my goal of:
*removing the house from my name
*removing the loan from my name
*lowering my debt to income ratio
*not effecting my moms ss or disability
am i right?