Posted on: 25th Aug, 2008 12:35 pm
i purchased a home for $2,500. i now want to sell or quit claim deed the home to my llc. would it be better to sell it for $1,000 or just quit claim deed it for $1.00 to my llc.
elizabeth
elizabeth
Hi Elizabeth,
Welcome to the forums. You have bought a home purchased a home for $2,500? As the title is clear you can simply quitclaim it to LLC. Take help from an attorney to prepare the deed and make the Quitclaim Deed valid. Feel free to ask if you have any further questions.
Best of luck,
Larry
Welcome to the forums. You have bought a home purchased a home for $2,500? As the title is clear you can simply quitclaim it to LLC. Take help from an attorney to prepare the deed and make the Quitclaim Deed valid. Feel free to ask if you have any further questions.
Best of luck,
Larry
Thank you for the insight.
I am paying off my 3 acres this week just wondering where I have to go to get this done? I am purchasing it from family.
Hi Gina!
You can contact your real estate agent who will help you while title transfer. Or you can also consult a title transfer company for this. You will have to execute a quitclaim deed in this respect.
Thanks,
Jerry
You can contact your real estate agent who will help you while title transfer. Or you can also consult a title transfer company for this. You will have to execute a quitclaim deed in this respect.
Thanks,
Jerry