Real Estate Law
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Should I do this through an escrow company? She wants me to sign some docs she filled out.
You should be fine just doing the quick claim deed without and escrow company you just want to make sure it is completed correctly.
Ok Thank you
good luck and please rate the question on your way out, thanks
Ok, so here is what happened. I quit claimed the house to her. Her plan is to have her new boy friend buy the house through a short sale. It is an all cash deal (495K)
Bank of America is processing the short sale but demanded that I be involved as if I still had legal ownership.
It looks as if this is going through and I will be required to sign all the escrow docs.
Here is what I want to do. I pay her $975 child support and $750 spousal support. Before I sign the escrow docs, I want her to sign a Stipulation saying she agrees to forgo any further spousal support before I sign the escrow docs. This only makes sense as she got me to do the Quit Claim saying that if she ends up keeping the house she would get married.
Is a Stipulation agreement made on our court ordered divorce orders enough? I have processed a Stipulation before without an attorney for holiday agreements, so I think I can do this.
Also, if I understand the system correctly, I should be able to have my child support reviewed (in a few months after the house closes) sense her financial situation has changed. She will have no payment or rent on her house (house purchased with cash) which was calculated at $2000 last time. I have about 37% custody.