real estate


Question by  SophieD (17)

Can I sign a quit claim deed after closing?


Answer by  flamiss22 (5081)

You have to wait awhile. When someone completes a major purchase like this there is a three day waiting period when they are able to change their minds with no question asked. If this happens to you there may be complications. So give it several weeks to be sure nothing can change the outcome.


Answer by  mammakat (11147)

You are able to, but you need to be careful why you are signing. You need to be very certain that you are not circumventing particulars of a sales agreement


Answer by  tamarawilhite (17883)

The deed changes ownership as part of the sale. Therefore, a quit claim deed is typically not necessary. And a quit claim deed does not end the mortgage debt.


Answer by  StarOne (941)

Yes you can. But carefully check out all the legal issues and financial risks involved with a quit claim deed.

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