What is the cost to transfer a deed to a son with a mortgage?

Answer by  luvcomputers (66)

You should consult your local county assessor's office. Each area would be different so this is a hard question to answer without knowing where you live.

Answer by  Disneyphan (529)

In which state is the property? Every state is different. You should contact a lawyer for the correct answer. You'll pay for the deed to be recorded and taxes.

Answer by  Jakecutter (1819)

This is fairly simple; you just pay for the paper work. You have to contact your bank and mortgage company. However there is a variation on costs based on location and age of the mortgage and other factors play a role in property transfer. Best contact a Mortage company for a quote.

Answer by  heatherbooboo (655)

You sometimes will have to pay closing cost on what ever is deeded as just like a sell. You can say its a gift and you are giving the property to him.

Answer by  tamarawilhite (17883)

Transferring a deed without transferring a mortgage costs hundreds of dollars. However, it is best if you sell him the home and he gets a mortgage in his own name.

Answer by  ABCD14 (14)

You will have to contact Mortgage company for specifically what is their process and cost.Each area would have different cost

Answer by  withsmluck (793)

You will need to contact the mortgage company to ask specifically what their process is for changing the documentation. The mortgage company will likely require him to qualify for the mortgage, if the property is to be transferred to his name solely, instead of simply adding his name with yours.