Can I sell my house with a quick claim deed or doI need to use a real estate agent?

I own a house that I want to sell and know the person who wants to buy it. There is one lien against the house, which will be cleared.

Asked on August 29, 2011 Florida

Answers:

FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney

Answered 9 years ago | Contributor

If you intend to sell your home without the use of a real estate agent or an attorney, you can do so in any state of this country. However, before you close the sale, you need a written contract with the buyer setting forth the terms and conditions of the sale (price, escrow's close date, any carry back loan by the seller, type of title being given for example) and all required written disclosures given to the buyer about the property being sold, dated and signed by him or her before close of escrow.

You should also have the escrow handled by an escrow company.

Most buyers when they purchase real estate want a grant deed for the property as opposed to a quit claim deed. A grant deed is a warranty deed from the seller waranting that the seller has the right to make the transfer. A quit claim is simply a deed releasing all rights that the person signing it has in the property to another.


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