VP of Mortgage Lending
Guaranteed Rate, Inc.
You should contact an attorney for assistance. We can't give legal advice. You can go to the county and do a search on your property to see what was recorded, but an attorney and possibly a title company will do a more through search. The attorney can advise you on your best course of action and can assist you if you need to take further steps.
All the best,
NMLS # 6395
Financing Kentucky One Home at a Time
Just one example: Didn't you wonder why YOU were signing a quit claim deed before you owned the house? You were agreeing to give up ownership in something you didn't even own. Now, perhaps a lawyer will tell you that the quit claim deed is worthless because you DIDN'T own the property, so there'd be nothing to "quit" or give up at the time you signed it. So a lawyer may tell you part of the answer hinges on what the quit claim deed actually says.
And, yes, perhaps your idea might work. Certainly--and I'm not a lawyer so this isn't legal advice--if you sold the property to a random person on the street (assuming the warranty deed is good), then the quit claim deed would be worthless. What a lawyer will look at, in part, is whether the company you'd be transferring it to is set up properly and exists as a clear and separate legal entity--you wouldn't want the seller to be able to "pierce the corporate veil."
Again, none of what I'm writing is legal advice. You absolutely need a lawyer, and you need to act immediately.
Now, your recourse is seek the lawyer's advice.
Best of Luck.
You need to contact an attorney immediately. I hate to say it, but this is the reason real estate transactions are too complicated to be handled between private parties with no assistance from an attorney or professional realtor.
Call and attorney and get it straightened out for your benefit. Real estate attorneys charge very little to handle this - couple hundred dollars. This money is well worth avoiding potential losses and problems. Good luck.