General Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 4 years ago,
Quit Claim Deeds, Can they be cleaned up?
After doing a little bit of research via public records, I don’t see any break in ownership or issues with the deed of a vacant lot I’m interested in. The realtor said the current owner has Quit Claim Deed that would be transferred to me at closing.
This is a very inexpensive lot and I’m doubtful there are any unseen liens or family members willing to lay claim on the lot. I would like to build a small rental home or even a low priced spec home.
I’ve purchased a lot and built in this area before with pretty good luck in selling, but not on a lot with a Quit Claim Deed. How tough will it be to turn a Quit Claim into a General Warranty Deed?