Posted on: 14th Jul, 2010 08:14 am
ti need to know if i can get a loan with a quit claim deed of my house i builded? the house was build with no mortgage, and i want to get a loan to do some upgrades and addition.
A quit claim deed is for signing away any interest you might have had in a property or getting someone else to relinquish their interest - like a divorced spouse. It's not something to create a deed to a house.
You should talk to your county tax office or whatever you have where you are that handled property tax. They can probably guide you in to having a proper deed recorded so that you can get financing.
You should talk to your county tax office or whatever you have where you are that handled property tax. They can probably guide you in to having a proper deed recorded so that you can get financing.