Posted on: 12th Apr, 2011 02:16 pm
I'm selling a house and an investor offered me to quitclaim the title to him and that he will give me the money. Can I still do that without getting into trouble?
Welcome cuquimendez,
You shouldn't transfer the property to him unless you receive the money. Once you transfer the property, he may not pay the money back to you.
You shouldn't transfer the property to him unless you receive the money. Once you transfer the property, he may not pay the money back to you.
yes, they sell all the time, just make sure you get your money and do you due of diligence on the buyer. he may be a scammer or he may be legit, just find out. i also would prefer a warranty deed over a quit claim, is there any reason he wants a quit claim deed? i may not understand the situation 100% so i was just curious. thanks