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Updated almost 6 years ago on . Most recent reply
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Subject to financing VS Quit Claim Deed
What is the difference between buying Subject to financing VS Quit Claim Deed (Quit Claim if you've done your title search homework) from a liability standpoint?
Are there pros and cons between the two documents (responsible for the mortgage, due on sale clause, etc.)?
Most Popular Reply
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@Greg Tunes if you get a quit claim deed your not getting title insurance. It's worth the expense of having a closing to be able to get to your title insured. In 20 years and hundreds of transactions I have only had to file one claim. However, that one claim paid out about 75k.