Quit Claim it or forget the deal

[Debra Steward]

I tracked down the seller for this property I want.  He will sell me the property for $500 bucks but only as a quit claim deed.  I checked the property and it needs about 30K in repairs.  My concern is there is a mortgage release on the property that I can see from the paperwork is a mistake but I don't know how to fix it.  If it is a quit claim deed then I know I am responsible for all of the paper work.  Is this problem hard to fix and how costly is it to fix it?  Anyone know of a good real estate attorney in Chicago, IL?

[Account Closed]

Can you clarify the mistake?  Is there an outstanding mortgage on the property?  Or do you want to get the mortgage released?  Be mindful that if you get a deed from the seller without the benefit of escrow and title you are buying the property subject to all title and lien issues.  These include, but are not limited to: mortgages, liens and debts of the seller, past due property taxes, code violations, etc.