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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 
How did actress Jayne Mansfield decorate her Hollywood "Pink Palace" without buying any furniture?

A 
She wrote to furniture suppliers asking for free samples, telling them they could brag that their furniture was in her outrageous mansion. She received over $150,000 worth of free merchandise.
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The Jamie Silverman & Kim Panes Team, REALTOR®, real estate agents and broker for Livingston, Short Hills and Millburn, New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)

The Jamie Silverman and Kim Panes Team
Weichert Realtors

505 Millburn Avenue
Short Hills NJ 07078
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Office Phone: 973- 376-4545
Mobile Jamie: 973-632-9913
Mobile Kim: 201-407-0721
Fax Jamie: 973-255-1025
Fax Kim: 973-255-1050
Email Jamie: sjjsilver@aol.com
Email Kim: kimpanes@gmail.com

With many years of experience in residential real estate, Jamie and Kim are Top Producer Realtors with Weichert Realtors. They specialize in Essex, Union and Morris counties of NJ. Contact us with all your real estate needs.

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