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Posts: 5,711
Registered: ‎03-06-2010
Re: Looking for thoughts, opinions, and feedback on a purchase & lien situation.

This is one of those times where you would need to get a good real estate attorney. Ask him to do a quiet title action - those take quite a while (a year is typical).

 

Chat with him about your risks in taking over a property emcumbered with a lien.  There are risks.

The quit claim deed is the very weakest form of deed you can get - in essence it is the opposite of a warranty deed.

 

Good luck with this. Don't do it without speaking to a very good real estate attorney. Bring him all the info so he can advise accordingly.