Does it matter if I didn't really own the property and never paid a cent in the mortgage nor claim income tax on it, nor lived in it? I just did a favor for that relative so they can qualify for the loan. No money was exchanged between me and the relative, in fact, I even paid the transfer...
I quit-claimed on a property (granted off a property to a relative) three months ago. If a mortgagor sues me for a deficiency on another property that foreclosed, can they still go after the property I quit-claimed just because I quit-claimed on it recently? I’m not filing for bankruptcy...
