pam, Home Seller in 95148

Is Foreclosure Deed same as Grand Deed or Quit Claim Deed?

Asked by pam, 95148 Thu Jan 24, 2013

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The Medford…, Agent, Fremont, CA
Sun Jan 27, 2013
Pam:

Richard has given you a good answer. I’m assuming that you meant “Grant” instead of “Grand”. Here is a link to a page that fully explains deeds and the various types of deeds used in California:

http://www.dre.ca.gov/files/pdf/refbook/ref07.pdf

Let us know if you have any other questions about this - you can simply ask another question right here.
0 votes
Adam Modzele…, Agent, 5107917923, CA
Thu Jan 24, 2013
Hi Pam,

I think where you are getting confused is the fact that all the names have deeds in them. There are many ways of getting a deed to a property it all depends on who gives it to you and what the process involved was. Below is a quick description of the three different ones you asked about

A foreclosure deed is what you get at an auction to show you own the property

A grant deed is what you get after a lender or person has sold or given you a home. It has a lot of information and is a good way to prove you own the property.

A quick claim deed is what you get after you given/sold the home. It has the least amount of paperwork but at the same time offers the least amount of protection.

There is a good site called http://www.investopedia.com which I used when trying to understand the different vocabulary for real estate.
0 votes
Tim Moore, Agent, Kitty Hawk, NC
Thu Jan 24, 2013
NO. Never heard of Grand deed. A quit Claim adds or removes a name on a deed. If you sold it to your son or relative you can use the quit claim to add their name or remove yours from the current deed.
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