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Foreclosure Isn't a Foregone Conclusion
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It's tough enough to get two people to agree on a financial course of action, but getting a dozen people to come to a meeting of the minds is next to impossible. There are always one or two who want to keep a property when everyone else wants to sell, or who want to sell when everyone else wants to hold.
The owner of this property should have directed his or her estate to sell it and then divide the proceeds. At that point, with the property officially up for sale, anyone (or even a couple of anyones) could have stepped up and purchased it.
It's far better to choose to purchase something than to force others to sell.
I refinanced my house, and the title guy had me sign a "quick claim" and a deed of trust. He said because I had my married name on the title, it needed to be put in my maiden name.
Should I be worried? I didn't get copies of what I signed.
First, you refer to a "quick claim" deed, but the correct term is a quitclaim deed. It's a common mistake.
You should contact the title company immediately to get copies of all your documents.
After you close on the purchase of a property or complete a refinance, these documents are often collected into what is known as a "closing book." You should keep these documents as a record of the transaction, should something go wrong.
But let's get to the stranger part of your letter. You didn't include any information about being divorced, but the only legitimate reason I can think of why you would need to execute a quitclaim deed from your married name into your maiden name is if you have been divorced and you have gone back to using your maiden name.
By executing a quitclaim deed, you are essentially transferring any ownership interest you have in the property to yourself.
If you have not been divorced, then you should start to investigate what has happened and make sure you understand the transaction.
No one should ever sign a legal document without understanding exactly what the document says and what the transaction is all about. I know that mortgage documents can run to several dozen pages and that you have to initial each page. But by initialing each page, you're certifying that you have read and understand what each page says.
