There is a reason why they are only offering a quitclaim deed hiding somewhere in the shadows.

The portfolio doesn't grow if your money is hiding away in the bank.

I'm not a lawyer, but my understanding is your only true worry is if you intentionally hide or cover up something significant.

I was thinking of asking the city, but was afraid they may start to ask questions.Also, the property is about 1,000 feet from a river that flows over 100 miles to Portland, where they are ultra concerned about water quality.I personally think banks (and the Federal Govt) should be required to disclose any activity they perform of this type whether legal or not, and not be able to hide behind the foreclosure exemption on disclosures and "as is" labeling.Now to find a lawyer that would know such things...If it's legal, perhaps I can start my own landfill business to compete with the high costs the county charges.  

Mortgage brokers and banks are able to hide profit in a deal in so many ways.

If the other homes are still not reflecting reduction in value after all of these foreclosures, the assessor is hiding from the loss of revenue.

It sells a lot of CD's and courses,  but only hides the beneficiary - until further research is done - and yes - beneficiaries will be found if needed by the courts - and subpoened - even out of state.

It's sealed up tight that's why I think he's hiding a lot!!

In a portfolio, there has to be a blend of all of the above, but the answer to the above question hides in it a lot of what's not said often on BP :)Good Luck!

Trying to characterize a loan as a gift, in order to hide it from a lender, doesn't line up with "your credibility being paramount...".