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hey my friends this is tracy kirkley with crylike realtors and so i had something come up today and thought i would just chat for a minute with you about quit claim deeds and thats quit q-u-i-t quit claim deeds and why somebody might need to use one of those with regard to their real estate so sometimes weve got folks who are purchasing a house maybe we have a married couple that are purchasing a house and for whatever reason maybe somebodys credit isnt as good one of the partners credit isnt as good and so therefore theyre not on the loan its beneficial for them not to be on the mortgage in that case the lender might not also want them to be on the contract or on the title to the property so in that case then its just in one of the spouses name all right and so you close on the property and so the house is then deeded just into the one spouses name now that might not be how that married couple really wants it what happens if say the spouse passes away that house now is not
