- Will it be another person few years from now claims this property is belongs to his/hers?
- Do I need a lawyer to take care the sale?
Yes, Toni, you do.
You can contact attorney Larry Fuentes in Tampa. He is probably one of the best Real Estate attorneys in Tampa with decades of experience. He will instantly be able to get to the bottom of what liens are stuck with the property. IRS liens, tax liens, 1st mortgage liens will survive a foreclosure brought by a 2nd lienholder.
Better to know upfront before you invest any money to fix up the property.
Here's contact info for Larry Fuentes:
Hope this helps.
All my best,
Alma Rose Kee, PA
Future Home Realty
Regardless of the relationship --- family or otherwise --- it's best that you get clear title, and that any liens or encumbrances on the property are settled before you take ownership.
When I lived in Florida (Tallahassee and Orlando) I was told by my lawyer that when I signed over a quit claim deed to a property, it didn't relinquish my financial obligations on the mortgage. Had the person I gave the quit claim deed to failed to make payments on the property, the lenders would have chased after me.
Don't rely on the advice of strangers unless that advice is to tell you to consult your attorney and escrow officer.
I would recommend that you contact a Title Company and work at getting this taken care of now rather than waiting. If the owner who lost the home to a tax lien is agreeable to sign a quit claim you are good, if not a Real Estate Attorney will likely be necessary for a quiet title.
Jeff Launiere, ALHS, CDPE
a quit claim deed does not guarantee marketable title. there could still be liens on the property that you could unknowingly be responsible for. If you did not use a realtor to handle the purchase of the property, I would highly recommend you get yourself a real estate attorney and close thru a title company. Both will be able to help protect you in this purchase.
Future Home Realty, Inc.