I know a quit claim is not as good as a Warranty deed. Also, Title insurance is a must. However, check the title policy. Daughter bought a house in Illinois recently and I was surprised to see the Title Policy only covered claims that were part of the public record. What good is that? I can check the Public Record these days as well as they can. In fact, 1st house she submitted an offer for had IRS tax liens on the owner that I found online before the Title Company reported them. (She rescinded the purchase on that one).
What I want to be covered for is "Nephew Billly" who says he has a quit claim deed never recorded or the neighbor who has a deed and survey showing he owns part of the land.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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