quit claim

Author Message
Lisa

Guest






PostPosted: Tue Jan 15, 2008 1:38 pm    Post subject: quit claim

Hi, I live in Illinois , do I need a lawyer to do quit claim, or can I get the forms and proceed myself...
Icon Mini Profile larry




Joined: 27 Jun 2007

Posts: 3328

474.49 Dollars($)
PostPosted: Tue Jan 15, 2008 1:59 pm    Post subject:

Hi Lisa,

Welcome to the forum.

You can proceed yourself but it is better if you take help from an attorney to avoid any problems that may arise in future if you try to do it yourself. You will have to notarize the deed and then will have record it in the county recorder’s office. So if you make any mistake in the process, the deed will not be considered as a valid deed. So it always desirable that one should take help from an attorney whether it is grant deed or a warranty deed or a simple quitclaim deed.

Feel free to ask if you have any further questions.

Best of luck,
Larry
Icon Mini Profile sara
sara
Moderator


Joined: 05 Jul 2006

Posts: 1679
Location: New Brunswick, New Jersey
315.11 Dollars($)
PostPosted: Tue Jan 15, 2008 10:13 pm    Post subject: RE: Illinois quitclaim form

Hi Lisa,

It's better if you take help from a lawyer. He'll be able to draft the deed as per your requirement. This is because a general sample of Illinois quitclaim form may not work in all situations.

However, you'll get a sample form of Illinois quitclaim deed from the section on State-wise Quitclaim forms, but it is advisable that you show it to a lawyer before further execution.

Take Care
Icon Mini Profile jheard
jheard
Moderator


Joined: 12 Dec 2007

Posts: 599
Location: Houston, TX
98.69 Dollars($)
PostPosted: Wed Jan 16, 2008 1:38 pm    Post subject:

A lawyer is not required. However, there are many pitfalls if you are doing this the first time. Real estate is valuable; it is worth it to pay a lawyer a one-hour consultation and do the transaction right.
_________________
Disclaimer: This is not legal advice and I am not your lawyer. The information provided in this forum is for discussion purposes only, and is no substitute for an in-person consultation with an attorney who can analyze all of the facts and determine how your state and local laws may apply to your specific situation.
Icon Mini Profile lisascherzer




Joined: 04 Jan 2008

Posts: 755

1.07 Dollars($)
PostPosted: Sun Jan 20, 2008 3:56 pm    Post subject:

I would go through a title company. Most of them have attorneys on staff and do this for a living. Most of them only charge 50 dollars plus the cost to file the quit claim. A lawyer will basically just charge more. I think a title company is the perfect compromise to having a professiional handle it and still saving on cost.
_________________
Lisa Scherzer
Allpointe Mortgage
Expert Mortgage Broker
440-521-7060
Free Mortgage Quotes
Get Mortgage Information
Search Real Estate Agents Here
Quick Reply
Your Name
Subject
Message body

All times are GMT - 7 Hours
Page 1 of 1

 
Ask Questions
Community Attorney
Joshua Heard - Attorney Joshua Heard
Houston, Texas






Highlights
Helpful References
Mortgage Guide
Mortgage Terms
Mortgage News
Book Center
Shop and Compare lenders
30 Yr. Fixed Vs. 5/1 ARM


Our Community
MortgageFit Blog
Community Professionals
Community Rewards
Introduce yourself
Website tools


Community Rewards
Five simple ways to earn money with the Mortgage Community.

New and upcoming tools
Credit Repair Tool New
Mortgage Planner
Simple Budgeting Tool






DebtConsolidationCare    Insurance community: We Make You Insurance Smart    CreditMagic: Helping you build up credit


We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0