Warranty Deed

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Icon Mini Profile jerry
jerry
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PostPosted: Fri Nov 14, 2008 3:34 am    Post subject:

Hi rasta!

A similar query has been answered in the given link:
http://www.mortgagefit.com/know-how/unsecuredloan-lien.html
Please have a look.

Thanks,

Jerry
Icon Mini Profile jerry
jerry
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Joined: 17 Oct 2005



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Location: MICHIGAN
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PostPosted: Mon Nov 17, 2008 5:39 am    Post subject:

Hi rasta 911!

Though the price of the property has fallen, the lien will remain as a obligation and the borrower needs to pay it off. If you are not the borrower, then you should ask the original borrower to pay it off. Otherwise, the title of the property will not be clear.

Thanks,

Jerry
smooth talk

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PostPosted: Thu Apr 30, 2009 2:43 pm    Post subject: guestion on a warranty deed?

If the deed is under my name who do I turn to put it in someone elses name? Say if they plan to buy cash for the property?
Icon Mini Profile smithsussane
smith.sussane



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PostPosted: Thu Apr 30, 2009 10:15 pm    Post subject:

Hi Guest!

Welcome to forums!

You can use a warranty deed or a quitclaim deed to transfer the property to the person who will buy the property.

Sussane
Icon Mini Profile gmakerley
gmakerley
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PostPosted: Fri May 01, 2009 12:31 pm    Post subject:

to the contrary, a warranty deed should be used in a case like that guest. your buyer wants to know that there is clear title, and a quit claim deed will not provide that.
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