Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on . Most recent reply

User Stats

23
Posts
8
Votes
L R Wadsworth
  • Contractor
  • Beech Island, SC
8
Votes |
23
Posts

South Carolina Quit Claim Deed

L R Wadsworth
  • Contractor
  • Beech Island, SC
Posted

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???

Loading replies...