Quick Claim Question Help!
Is there anyone out there who can fully explain how a QCD works. This is the scenario. The homeowner wants out from under the house. There is still a mortgage on the property. If they QCD over to me, I take over the payments but if it still appears under their credit, will it show they are no longer making the payments? How will this all appear on their credit? They are trying to purchase a new home through a company the wife works for. They cannot have a house in their name to do this. I just want to make sure I am going about this the right way to help us all out.
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