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Updated over 4 years ago,
South Carolina Quit Claim Deed
I purchased a vacant lot from someone that acquired it at the county tax sale last year. It came with a quit claim deed and I’m not too sure what, how, or if I need to clear it up. After talking to different people I found that I cannot insure or get a loan on the property, basically rendering it useless to me unless the quit claim deed is gone. I purchased with it in mind to build a small, low budget house for my dad to live in and maybe rent later. I’ve been told I need to wait 10 years from the tax sale or spend $3000 (lot cost was $1400) in lawyer fees to clear it for my intentions of use. I’m really at a loss of what to do? Are quit claim deeds really that hard to clean up???