Question by : I need to figure out if a quit claim deed would work for me.?
I currently have a mobile home that I still pay a mortgage on in California. I am living in Virginia and trying to get the mobile home off my hands. The mobile home is in a park that is “Owner occupied only” so I am not able to rent it out to help offset the costs of keeping it there. If I were to quit claim deed it to someone would that put them in the position of “owner” and allow them to occupy the mobile home. I am not looking to make anything off of the sale, it just needs to be out of my hair.
Answer by Sarah
Yes, but I think they would still be using your credit. If I understand it correctly, a quit claim deed transfers ownership, but the new person doesn’t go out and get their own mortgage. Make sure it’s someone trustworthy!
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