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Updated over 13 years ago, 05/28/2011

User Stats

43
Posts
9
Votes
Dante Williams
  • Wholesaler
  • Chicago, IL
9
Votes |
43
Posts

Should I be suspcious?

Dante Williams
  • Wholesaler
  • Chicago, IL
Posted

I made a verbal offer on a property a few days ago. The seller agreed to the price, but wants to close using a quit claim deed. I asked for a warranty deed, but he says that quit claim will save on closing costs. which is true but should I be suspcious of this guy? I know that there is a little over 3k in taxes owed and the property is in his "brothers" name, but do you all think that there is something else going on?

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