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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Ward: FHA loan & quit deed Posted by Joel on August 29, 2003 at 1:41 PM Ward. Have an owner with a 6 month FHA loan out on a house that cannot afford the payments any longer. House has $75,000 equity built in to it. Can I have them sign a Quit Claim deed or is the FHA loan to new. Will there be a penalty to be paid. Thanks. Joel Follow Ups: Taking over, subject to the existing lien... Ward-CA- 5:52 PM, 08/29/03 (0) Post a Followup: Name : E-Mail : Subject : Comments: : Ward. Have an owner with a 6 month FHA loan out on a house that cannot afford the payments any longer. House has $75,000 equity built in to it. Can I have them sign a Quit Claim deed or is the FHA loan to new. Will there be a penalty to be paid. Thanks. Joel Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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