Can One Transfer A Clouded Title / Property Into Trust

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• Quitclaim Deed Property with Back Taxes into Trust

  Quitclaim deeds can avoid a clouded title (liens, back taxes, etc.) via an as-is deed conveyance, but the property cannot be sold to anyone requiring financing unless the outstanding liens are paid.

• The Cap Rate for Property Taxes Will Reset When Someone New Is Added / Removed From The Title - How To Avoid This

  Some states have what is known as a 'property tax cap rate' which guarantees the property taxes for a primary residence will not increase beyond a given amount by law. When a property is transferred via a quitclaim deed or a person is added / removed ...

• Can One Quit-Claim Deed The Property After Foreclosure Proceedings

  No. Even though the loan was fraudulent and they never lent any money, one cannot transfer property into a trust after foreclosure. No equity = No standing. Once title transfers, the mortgage company has the title to the home and there is nothing ...

• Multiple Documents Are Filed on Property - Does One Only Need Deed of Trust(s)

  Even when there are multiple documents/deeds for a real estate transaction, the Deed of Trust can be used without need to refer to all other documents. The primary purpose of Real Estate Secrets is to secure chain of title all the way back to the ...

• Quit Claim Deed into Trust and Tax Implications

  What Is a Quit Claim Deed A quit claim deed is a type of deed that transfers ownership of real property from one person to another without any types of warranties. This means that if you receive property via a quit claim deed, you're taking it as it ...