Found a property with a quitclaim deed, and was wondering how (if at all)
this would effect the deal procedure?
Thanks
Sickdog
Title company may have problems. If the deed is a few years old you may be OK. Also if the deed is from spouse in a divorce with court order you may be OK too. May have to get a new deed signed to be sure but that may be impossible too. Hard to believe these deeds have stayed around so long. My idea of how they came about was a gun pointed at some ones head, but who knows
Good luck and thank you,
Ted P. Stokely Jr
11505 Sw Oaks
Austin, Texas 78737
512-301-9171 home
512-587-6177 mobile
I would urge caution if you’re dealing with a property on a quitclaim deed. Suggest you have a title company pull the title on it and if you’re interested in buying the property, have them tell you what type of title insurance coverage they would provide. The objective is not just to get title, but to get good, marketable title insurable at regular rates.