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Real Estate Tips
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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Real Estate Trivia
Q 
What was the location for the classic silent movie scene where Harold LLoyd dangles from a huge clock high above the city?

A 
That scene from "Safety Last"was filmed at the Brockman Building, one block south of the Biltmore Hotel in Los Angeles.
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Ryan Petrucci, REALTOR®, real estate agent and broker for Berwyn, Wayne and Main Line, Pennsylvania home listings, property and land for sale - NUMBER1EXPERT

Ryan Petrucci
RE/MAX MAIN LINE

49 E. Lancaster Ave
Paoli, PA 19301
610-640-9316
Fax: 610-640-9322
ryanpetrucci@NUMBER1EXPERT.com

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