Is it worth getting the quiet title?

Is it worth getting the quiet title?

AL · Member since 2010 · 522 posts · 31 votes

Is it worth it to get a quiet title on an old abandoned tax deed property that needs a lot of repair work? I was planning on wholesaling it.

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  • Rental Property Investor · New Braunfels, TX · Member since 2022 · 409 posts · 408 votes
    3y

    No one in their right mind would pay you what it’s worth without a clear title.

  • AL · Member since 2010 · 522 posts · 31 votes
    3y
    Quote from @Account Closed:

    No one in their right mind would pay you what it’s worth without a clear title.

    This would be my first time buying a tax deed property. If I get just a title search done and found no one else has title to the property and no debt attached to it, would I still need a quiet title done?
  • Rental Property Investor · New Braunfels, TX · Member since 2022 · 409 posts · 408 votes
    3y

    When you go to sell it it will have to have a clean title or you will have to sell it for a discount. 

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