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Updated over 10 years ago on . Most recent reply

Ali Tayeh's profile image
Ali Tayeh's profile image
Ali Tayeh
  • from Roseville, Michigan
  • Member since Dec 21, 2013
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Ali Tayeh's profile image
Ali Tayeh's profile image
Ali Tayeh
  • from Roseville, Michigan
  • Member since Dec 21, 2013
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Ali Tayeh
  • Roseville, MI
2
Votes |
7
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Buying & Selling Real Estate

What does Quit Claim Deed mean?

Ali Tayeh
  • Roseville, MI
Posted

I did three buy and hold deals in the last three months and thinking of doing my first flip. There's a house on the MLS that I'm currently interested in, but I didn't know what "Buyer to take title by Quit Claim Deed" exactly mean. Is that gonna effect the ARV? Is it gonna be hard to resale?

Thanks in advance!

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Account Closed's profile image
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Account Closed
  • from Dallas, Texas
  • Member since Aug 29, 2013
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Account Closed
  • from Dallas, Texas
  • Member since Aug 29, 2013
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Account Closed
  • Dallas, TX
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Account Closed
  • Dallas, TX
Replied

Most insurance companies will not write a title insurance on a quit claim.


Joe Gore

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