Question on Quickclaim Deed and HUD

[Danielle Prendergast]

Hi BP,
Quick question.

I have a hud property under contract which I intend to pay cash for as an owner occupant.

My intention was to live in the property but I've got my eyes on another property that I'd like to buy as my primary home instead using a conventional loan.

Can I do a quickclaim deed on the hud property and buy another home as my primary home using a conventional loan?