Can I resell a home that I buy with quit claim deed?
I notice that the banks are selling a lot of their property in auction with quit claim deed. I understand what quit claim is, but I'm not sure if I understand what the means for the title. For example, if I buy the property and fix it up and resell will my end buyer getting a loan be able to purchase it? Or will the quit claim deed from the bank put a cloud on the title? I am from Texas and I'm curious if title insurance will be an option and if banks will lend on this. Any title companies in Texas that insure quit claim would be appreciated. Thanks.
Jay