Tax, SDIRAs & Cost Segregation
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 over 4 years ago, 05/14/2020
Quitclaim Deed from the City
I am looking to put in a bid on a property that the city “owns”. However, as I'm going through the process of putting in the bid, I noticed it has to be a quitclaim deed. Is that common for purchasing property off the city? I have purchased plenty of other properties, but not from the city before. Should I be worried that it doesn't have the same safety that a warranty deed does? Or is that how they always do it? Thanks