Quick Claim Deeds

Tip of the Week
Beware of Scams on Craigslist. Just because there is a listing on Craigslist doesn’t mean it’s legitimate. NEVER wire money to someone who claims they will send you a QuickClaim Deed for a property. No Matter How Good the Deal Is! Legitimate sellers will do Warranty Deeds and allow you to use an escrow company.

A QuickClaim Deed creates a cloud on title that can remain up to 25 years. So if you ever plan on selling that property, you will have a long road ahead of you holding the property or tracking down the seller to get a Warranty Deed. ALWAYS go through an escrow company unless you plan on doing all the due diligence yourself, which includes verifying the seller is really the owner and has legal capacity to sell the property and the title is clear of encumbrances.