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Titles >Quitclaim Deed

Homeowners who are selling property they purchased many years ago are sometimes dismayed to discover that a lien must be paid on their house. The lien can be the result of work done by a contractor that was never recorded as "paid in full." To challenge such a lien, the buyer can release it by posting a bond pending adjudication. In other cases, a title search may disclose claims against the property by an ex-spouse, past heir, or a former owner. A simple quitclaim deed may be used in such a case. A quitclaim deed allows the person involved to sign over whatever rights he or she may have had in the property without laying any claim to it.

If the seller will not be receiving the proceeds from the sale of their present home in time to close on a new home, it may be possible to arrange a swing loan. Most real estate transactions involve some hesitation and questions on the part of the seller and the buyer. The real estate agent can help to bring the property sale to a successful conclusion by providing solutions that satisfy all parties and resolve any outstanding issues.

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Q	Nearly every state has a mandate for seller disclosure. What must a seller disclose?
A	The seller must disclose any existing problems, defects or conditions that could affect the value of the house.
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Kerry and Jan Coffman, REALTOR®, real estate agent and broker for Las Vegas, Summerlin, Green Valley and Henderson Nevada home listings, property and land for sale - NUMBER1EXPERT(tm)

Kerry and Jan Coffman
Keller Williams Realty
3090 S. Durango Dr. #100
Las Vegas, NV. 93065
702-562-6364
Fax: 702-699-7779
Kerry cell: 702-204-5409
Jan cell: 702-804-2525
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Jan's: jan@TheCoffmanTeam.com
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