DefinitionsAs used in this subchapter --(1) The term "Bureau" means the Bureau of Consumer Financial Protection.(2) The term "communication" means the conveying of information regarding a debt directly or indirectly to any person through any medium.(3) The term "consumer" means any natural person obligated or allegedly obligated to pay any debt.(4) The term "creditor" means any person who offers or extends credit creating a debt or to whom a debt is owed, but such term does not include any person to the extent that he receives an assignment or transfer of a debt in default solely for the purpose of facilitating collection of such debt for another.(5) The term "debt" means any obligation or alleged obligation of a consumer to pay money arising out of a transaction in which the money, property, insurance or services which are the subject of the transaction are primarily for personal, family, or household purposes, whether or not such obligation has been reduced to judgment.(6) The term "debt collector" means any person who uses any instrumentality of interstate commerce or the mails in any business the principal purpose of which is the collection of any debts, or who regularly collects or attempts to collect, directly or indirectly, debts owed or due or asserted to be owed or due another.

@Andy Mirza - You might find this article interesting - Quitclaim deeds can create title insurance issues.https://pocketsense.com/quitclaim-deeds-convey-marketable-titles-12134759.html

Cloths, vehicles etc. do convey a message, the problem is you have no idea how that message is being received by a stranger.

The bank would still have a lien and would only convey once everything is paid.

Lenders need tangible information to convey, establish credibility and present to people inside the bank operation.  

Bob might be the nicest guy in the world, but if your assignment fee is not refundable and a code enforcement lien is discovered at closing, Bob may have already jammed your assignment fee into a slot machine in Las Vegas one dollar at a time.Question # 6“What type of deed or property conveyance will I get at closing, and who pays the closing costs?”

This last phrase, depending exactly how you deliver it, we convey all kinds of subcommunication to your tenants.

If that person spends 1-2 hours per week helping you for months and then the deal doesn't close, it's a risk on their part.The other benefit is that a lot of times the first thing the broker will ask you is "what have you done" or "What does your portfolio look like" so that they can convey to the seller how strong your experience level is.

What through me off is owner is dead and the estate has no heirs so I was hoping the attorney who was trying to collect the debt for the bank may have the ability to convey the property some how. 

There is no record of re conveyance for any of the properties that i looked.