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All Forum Posts by: Brian Hayes

Brian Hayes has started 1 posts and replied 2 times.

Post: Quit claim deed advice

Brian HayesPosted
  • Las Vegas, NV
  • Posts 2
  • Votes 0

Julie, 

Thank you very much for responding.

Let me ask a more simple follow up question. What is the advantage ,in general, of me quit claiming on to the deed after the close?

Post: Quit claim deed advice

Brian HayesPosted
  • Las Vegas, NV
  • Posts 2
  • Votes 0

Me and my wife are buying a house to occupy, however the mortgage will be fully in her name only, as it is a conventional loan because she alone can qualify because of her employment status versus mine. However, I would like to purchase an investment property in my own name, possibly in the future when I am able to qualify on my own.

The question is:

Should I quit claim my name on the deed after we close on our house that we plan to live in? Or, will this possibly interfere with me purchasing a home solely in my name for investment in the future? This is Las Vegas and we already have community property laws.