Written By: Miller and Associates Realty On: 20th June 2014 Under: Real Estate Market
Did you know there are several types of deeds that can be presented during a real estate transaction? I’ve been the Office Manager at Miller and Associates for some time and have just recently decided to become a licensed sales associate. I’ve come to understand a great deal about real estate over these years but I was surprised about what I didn’t know about property deeds. The most common deed seen in a transaction is a “General Warranty” deed. However, there are others such as a “Quit Claim Deed” for circumstances when they may need to cure a title defect or quiet a lawsuit. Another I learned about is the “Bargain and Sale” deed. These are often used by banks for properties that have been taken back through foreclosure. As you can see, real estate has a great deal of complexities. Stop by the Miller and Associates office and let our expert agents guide you through your next purchase or sale!
