Is it possible to re-deed without involving the mortgage company?
The property in question is in Harris County, Texas. I was curious if there is a way to get the property in my name without involving the mortgage company. I can’t go through the process of actually purchasing the house due to the market and our questionable credit. It is currently in the names of my parents (1 of which is still alive and remarried). I need to access the equity in order to get out of the house (due to its current disrepair) but have no option of refinance or new loan acquisition (equity or otherwise). The mortgage company tells me that the loan is not assumable. I have heard about a “Quick Change Deed” but get mixed reviews from everyone I talk to.
Any thoughts or advice would be greatly appreciated.
The Property as well as the current loan is in my parents names.