First off I am not an expert at all. The quit claim deed will not change or take off an applicant from the loan. So if your loan with the bank you are talking about includes your acreage that you are selling, and I'm guessing it does, then it would not work. What you are describing would keep...
I bought a property with my ex-girlfriend 7 years ago. We decided not to stay together and I explained to her that if she wasn't going to pay for the house with me I did not want her on the deed. She signed the quit claim deed and assumed that this would somehow get her off the loan. I have...