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.
Real Estate Deal Analysis & Advice
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 about 11 years ago on . Most recent reply

User Stats

111
Posts
28
Votes
Anthony Martin
  • Rental Property Investor
  • Knoxville, TN
28
Votes |
111
Posts

Quitclaim Deed

Anthony Martin
  • Rental Property Investor
  • Knoxville, TN
Posted

BP! I need help with some information.

I'm looking at a house in Warner Robins, GA. This is what the ad states:

"Sold AS IS. Buyer has 7 day inspection period upon receiving ratified contracts. Buyer is responsible for their own title policy. Seller may convey with a Quit Claim Deed if VA title approval is not obtained 5 days prior to closing date."

What do I need to know about Quit Claim Deeds or any other information from this paragraph? Please help!

v/r

Anthony

Most Popular Reply

User Stats

2,879
Posts
1,353
Votes
Mark Ferguson
  • Flipper/Rehabber
  • Greeley, CO
1,353
Votes |
2,879
Posts
Mark Ferguson
  • Flipper/Rehabber
  • Greeley, CO
Replied

you can try to ask for special warranty deed, but they may or may not agree. FYI many title companies won't provide title insurance so getting a loan is difficult.

Loading replies...