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Updated over 10 years ago,

Robert Parsons's profile image
Robert Parsons's profile image
Robert Parsons
  • from Clarksville, Tennessee
  • Member since Aug 18, 2014
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Robert Parsons's profile image
Robert Parsons's profile image
Robert Parsons
  • from Clarksville, Tennessee
  • Member since Aug 18, 2014
Connect
Robert Parsons
  • Clarksville, TN
1
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6
Posts
Innovative Strategies

Quit Claim Deed

Robert Parsons
  • Clarksville, TN
Posted

Just curious as I am a newbie to the RE arena, but I am hoping to get steered in the right direction.  If I were to "purchase" a property "subject to" the existing mortgage, could a quit claim deed be used since the seller is in a must sell position, and if so how would you profit from using a quit claim versus signing the contract for the seller to keep the financing in their name fo 3 years?

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