Updated almost 12 years ago on . Most recent reply
Quit Claim Deed
Just curious as I am a newbie to the RE arena, but I am hoping to get steered in the right direction. If I were to "purchase" a property "subject to" the existing mortgage, could a quit claim deed be used since the seller is in a must sell position, and if so how would you profit from using a quit claim versus signing the contract for the seller to keep the financing in their name fo 3 years?