How do I legally remove my name from a mortgage?
Full Question:
How do I legally remove my name from a mortgage?
01/31/2007 |
Category: Real Property ยป Mortgage Sat... |
State: Colorado |
#1358
Answer:
A person may be removed from a mortgage by payment in full of the mortgage (satisfaction), assumption of the mortgage payments by another person and release of the original mortgagor (you), release of you from the mortgage by the mortgage company and possibly other methods. A release of one mortgagor before the debt is fully paid is not commonly done by mortgage holders is done under certain circumstances.
