Mortgage Forum
Quit Claim Deed??
This is a discussion on Quit Claim Deed?? within the Mortgage Talk forums, part of our Mortgage Chat category; Hi!I own about 10 acres of land (no home) and have refinanced for cash out. An investor has approached ...
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July 15th, 2008, 08:21 AM
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|  Quit Claim Deed?? Hi!I own about 10 acres of land (no home) and have refinanced for cash out. An investor has approached me and wants to purchase approximately 2 acres of this land. I currently have a loan against the land, but would like to sell a portion to this investor. I do not have the money to pay the loan off in full. Can I use a quit claim deed to deed the desired land to the investor or what is the best solution to this issue? Thanks in advance for you time! |
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