Updated over 11 years ago on . Most recent reply
Buying with only a Quit Claim Deed being offered
I would like to get some opinions on purchasing a property where only a quit claim deed is being offered. I've heard a lot of investors do this when just having someone "sign over the title" for X amount of dollars but I'm currently looking at a property that is ;isted with a Realtor and the listing says tiutle is to be conveyed via Quit Claim. I've always been a little reluctant to buy without a warrenty deed and title insurance. Any and all opinions, stories etc... welcome, good or bad. Thanks BP!!