What Is A Quitclaim Deed? real estate investing

[2ndVizion]

in other word walk away from quitclaim deeds... i dont mess with them

[HousingAlerts]

Nice video.. Thanks for the information. Keep up the great work.

[monjieful]

I believe you can use this in wholesale deals as well

[TheRealEstateDealer]

@monjieful Thanks for the comment. You can use it in wholesale deals, I would imagine, if everything is on the up and up. Anyone who receives a quitclaim deed should ask the question, "Why is this person giving me a quitclaim deed?"

[policemomma1]

I live in Maryland, USA thanks. I also wanted to ask you. If my mom and I do a quitclaim deed between us. And have it noterized. But not recorded is it still legal?

[TheRealEstateDealer]

Thanks, policemomma1, for the question. I don't know the laws in Maryland. You have to check it out. But to answer your question in general, the document is legal. But not recording it may cause problems in the future. Documents that are recorded first usually have priority over other documents of the same type. If another quitclaim deed is executed after yours and is recorded BEFORE yours, then that recorded deed may receive priority over yours. Record it to cover yourself.

[policemomma1]

Thank you for the insight, can you send me a sample of how a quitdeed should be worded for my mom to her adult child. Thanks!

[TheRealEstateDealer]

What county and state do you live in?

[BourbonRealty]

Informative Video

[TheRealEstateDealer]

Thanks for the comment. I appreciate you!

[TheRealEstateDealer]

Be sure to subscribe to our list. We are going to do videos on how to find deals. We even started a series on how to build your buyers list.

[530HELP]

dialing for dollars and sifting threw my county auditors records online it displays in detail all real estate transactions for the past 4 or 5 months. The daily conveyances shows what type of transfer took place for instance or who paid what great for finding buyers mostly it is a pain im pretty new to investing im sure they have paid services with the same info

[TheRealEstateDealer]

Be sure to subscribe to our list. We are going to do videos on how to find deals. We even started a series on how to build your buyers list.

[530HELP]

would searching for recent quit claim deed be a good way to find buyers and or sellers

[TheRealEstateDealer]

I think it would be a waste of time to be honest with you. I think it would be better to look for "lis pendens", or foreclosures, divorce filings, probate filings, etc. The quitclaim deed is a common document and you may be spinning your wheels trying to sift through these documents. How are you finding you deals now?