Posted on: 01st Jun, 2010 10:20 pm
My friend is losing his house. Besides doing a quitclaim deed, what else do I need to do to protect my interest??? Also what is a warranty deed??
If you and your friend are joint owners of the property, then you can save it by becoming the sole owner of the property. As you become the sole owner, you will have to refinance the loan and pay off the dues.
A warranty deed is a legal document which helps in property transfer. You can use this deed to transfer the property when the property is free and clear of all liens.
A warranty deed is a legal document which helps in property transfer. You can use this deed to transfer the property when the property is free and clear of all liens.