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Updated over 11 years ago on . Most recent reply presented by

Jane George's profile image
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Jane George
  • Residential Real Estate Agent
  • from Fort Worth, Texas
  • Member since Sep 6, 2013
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Jane George's profile image
Jane George's profile image
Jane George
  • Residential Real Estate Agent
  • from Fort Worth, Texas
  • Member since Sep 6, 2013
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Jane George
  • Residential Real Estate Agent
  • Fort Worth, TX
17
Votes |
59
Posts
Tax, SDIRAs & Cost Segregation

Question about a Deed of Transfer

Jane George
  • Residential Real Estate Agent
  • Fort Worth, TX
Posted

If a person (not an investor) paid off someone else's mortgage (cash) to buy a property outright, is a transfer of deed for the property all that is needed? I'm in Texas. It looks on the surface to be that easy. Can it really be? Thanks!

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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

Jane,

If all the work is done a title company can do a electronic recording of the deed in the persons name that paid the lender off. Bill misread your post.

Joe Gore

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