Long story short:
My only idea is to have daughter Quitclaim her interest back to her parents, but I am not sure if this will 'un-attach'.
Tags:
I already queried the closing attorney and she said that a QC deed would not work. Once attached, it will remain attached. Doesn't make sense to me, but I do not have a JD.
Wells Fargo closer said that since the judgement is against a non-mortgagor on title, HAFA guidelines will not permit it to be paid either by the $3k incentive nor out of acceptable closing costs.
She was emphatic that the sellers could not pay, but thrice, she did not answer the question whether any other party could contribute.
The closing attorney could make a request to the creditor as to issuing a Release "as to the property only", leaving the debt still applicable to the daughter, but removing the Judgment against the property. Sometimes they will agree to this for a fee, which varies, but it's worth trying.
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