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Does anyone know how a quit claim or warranty deed works in Alabama? I thought I could do a quit claim/warranty deed first and then work out the details of the refinancing; but, it appears that on the warranty deed co...
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Do you have to have an LLC in order to claim real estate related business expenses? If not, how many deals do you have to do per year so that you are consider as running a real estate business?
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When there is cloud on title (lien, encumbrance etc.) and money owed, how exactly does a quick claim deed clear title and remove these defects? I have read around a bit but I am unclear how the quick claim deed precis...
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Anyone familiar with overage claims after a property is sold at foreclosure or tax lien sale and there are funds remaining after all debts are paid?
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If anyone can provide some info it would be kindly appreciated. My Uncle wants to quit claim one of his properties to me. The property has been paid off and he is basically gifting it to me. Would he be able to claim ...
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Hello all. I’ve taken over management of a commercial shopping center (from my dad who passed away) over the last 2 years. Steep learning curve. This week we had a water line rupture. Several of our tenants had to clo...
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If a property is transferred to an LLC, what are the pros/cons of using a Warrant Deed vs. a Quit Claim Deed? In addition, will the title insurance policy still cover the investment property once the deed is transferr...
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I purchased a SFH as a rental in my name. After extensive renovation - which will be presented in another post at another time - I got the house rented and now wanted to put the property into an LLC. However, I could ...
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Hi there!
I need some insight on this topic. I appreciate anyone's input!
If owner A of a home holds the note with a bank, and is on the deed...then quit claims the deed to owner B...who has first right to make de...
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We bought a SFR on .6 acre. From the previous owner we obtained a plat that is quite detailed but does not seem to have been recorded as when I went to the county records office there was no plat found recorded for ou...