Selling Your Home

If you are in the market of purchasing or selling a home, it is likely that you will come across many different documents of a wide variety, each of these will likely have different uses, functions, and names associated with it. When selling or buying a home two documents that are misunderstood the most are called quit claim deed and warranty deed. People tend to believe that both forms are exactly alike, well I am here to tell you differently.

Warranty Deed

This document is a deed that is presented to you by the seller and can be used in a wide variety of transactions that involve sales. This warranty basically tells you that the property being sold is indeed owned by the seller and that there are not any types of liens placed upon it, essentially saying it is free and clear. This assures the buyer that the seller has all legal rights in transferring ownership to them without any type of holdings on it. This means that there are no claims that could be made by anyone that may include financial institutions or otherwise, on this property. With the warranty deed, the buyer is protected by the court of law if the claims should prove to be false or the event occurs when someone does have the ability to place claim on the property. The law states that in either of these events, the buyer would be entitled to compensation of some form. It is seldom that the warranty deed will not be coupled with an insurance policy on the title, so the buyer is assured a free and clear title.

Quit Claim Deed

This deed is on the opposite end of the spectrum from the warranty deed. The quit claim deed, is generally presented to you by a seller who likely does not personally own the property in question, however, they do have some responsibility over it. There are a variety of reasons that a quit claim deed can be used this can include, when the actual owner has died but has left the property in question to a friend or family member. Additionally, it can be used when a couple has gotten married and the spouse wants to include the other party on the title. This type of deed does not offer the same type of assurances to the buyer as the warranty deed does, it is for this reason that this is typically used when the sale will occur within the family.

Posted by Mary Hernandez on December 13, 2008 at 12:00 AM

About Mary Hernandez
Mary Hernandez is affliated with MBH Properties, which is located in Fremont, CA. For further assistance please use the contact information located on the right.

As of 05/20/12 the Mary Hernandez RePage is ranked at 2,158 with 455 points.

Local Information for Fremont, CA

Latitude: 37.542943 -- Longitude: -121.982786

ZIP Codes for Fremont, California	94536 94537 94538 94539 94555
Area Code for Fremont, California	510
Time zone for Fremont, California	PST

Other Area Cities: Newark, CA Union City, CA Hayward, CA Fremont, CA

Enter our Photo Sweepstakes and Win $200 for your Fremont photos!

To see random photos for other cities Click Here.

Submit your photos of Fremont and become eligible to win $200. Click Here for details.

Fremont (IPA: [f?im?nt]) is a city in California which was incorporated on January 23, 1956, from the merger of five smaller communities: Centerville, Irvington, Mission San Jose, Niles, and Warm Springs. The area now comprising Fremont and the adjoining cities of Newark (now an enclave within Fremont) and Union City was formerly known as Washington Township. Fremont is located in the southeast area of the San Francisco Bay Area in Alameda County. The city is named after John Charles Frémont, "the Great Pathfinder." Home to 210,158 people as of a 2005 estimate, Fremont is the fourth most populous city in the Bay Area. Due in large measure to immigration by refugees fleeing the Soviet Invasion of Afghanistan, Afghan Civil War, and small amounts during the Taliban government during the late 1980s and 1990s, Fremont had the largest Afghan population in the United States in 2001 and still has a large Afghan population today. -- Source: Wikipedia.com

California 2000 Census Population Profile Map

	Fremont	California	United States
Population	203,413	33,871,648	281,421,906
Median age	34.5	33.3	35.3
Median age for Male	33.9	32.2	34
Median age for Female	35.2	34.4	36.5
Households	68,237	11,502,870	105,480,101
Household population	201,654	33,051,894	273,643,273
Average household size	2.96	2.87	2.59
Families	52,228	7,920,049	71,787,347
Average family size	3.34	3.43	3.14
Housing units	69,452	12,214,549	115,904,641
Occupied units	68,237	11,502,870	105,480,101
Vacant units	1,215	711,679	10,424,540

Visit US Census

Enter our Photo Sweepstakes and Win $200 for your Fremont photos!

Selling Your Home

Local Information for Fremont, CA

Latitude: 37.542943 -- Longitude: -121.982786

The Leader Spanish Real Estate

ATF Forex Trading

Lingerie & Perfumes

Wedding Singer

QROPS