Quit Claim Question

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If I have a signed quit claim deed, is it valid even if not filed? How long do I have to file it?



2nd question, if Ibuy out a foreclosed 2nd and hte homeowners are still in the house and paying the first, am I obligated to immediately inform them that I own the home or can I let them continue to live there unaware they are paying off the mortgage for me and they do not own the home?

Comments(3)

  • jllaco15th September, 2005

    I am not the one signing, I will have a qc in my hands from the 2nd mortg

  • TheShortSalePro15th September, 2005

    So you are saying that the second mortgagee successfully foreclosed, was issued a Deed, and transferred their interest to you via a QCD?

  • jllaco15th September, 2005

    that will be the case if they accept my offer

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