tax deeds and quit claims

[Greg Levi]

After winning a tax deed from the auction is a "quit claim" always required if wanting to sell home quick? Also does previous owner have to sign as well?

[John Underwood]

A Tax deed is considered to have a cloud on the title. So to sell quickly you would not be able to warranty the deed and would need to use a Quit Claim Deed. If there are no other liens, defects or mortgages, and the deed is otherwise clean then you can get a QCD from the previous owners to remove the cloud and then you can get title insurance and sell with a general warranty deed. I did this last year. The buyers attorney didn't understand at first and he had to talk to my attorney to get educated. Then the sale went through with a general warranty when I had received a Tax Deed. I had to get a QCD from the previous owners and  a mortgage release from a previous mortgage on the property.