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Updated over 8 years ago on . Most recent reply

Jessica Ayala's profile image
Jessica Ayala's profile image
Jessica Ayala
  • from Tampa, Florida
  • Member since Aug 22, 2016
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Jessica Ayala's profile image
Jessica Ayala's profile image
Jessica Ayala
  • from Tampa, Florida
  • Member since Aug 22, 2016
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Jessica Ayala
  • Tampa, FL
6
Votes |
12
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Orlando Real Estate Forum

Quitclaim Deed Wholesale

Jessica Ayala
  • Tampa, FL
Posted

What is the difference between a quitclaim deed and a warranty deed? If I had a seller who has a QD, would the closing process be a little more complex?

Orlando, Florida
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Account Closed's profile image
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Account Closed
  • Investor
  • from Orlando, Florida
  • Member since Jul 21, 2016
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Account Closed's profile image
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Account Closed
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  • from Orlando, Florida
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Account Closed
  • Investor
  • Orlando, FL
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Account Closed
  • Investor
  • Orlando, FL
Replied

Quit Claim Deeds are where someone is selling 'Their ownership in something, even if they don't own it'. I can sell you a Quit Claim Deed on the Brooklyn Bridge if you're gullable enough to buy it. So be extremely careful in buying anything with a Quit Claim Deed. 

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