Learn The Lingo — 10

Quitclaim Deed [kwit-kleym deed] : A deed that transfers ownership of a property without any warranties or guarantees about the title. It’s commonly used between family members or in situations where property is shared, such as in divorce settlements or estate planning.

Simple Ownership Transfer: It allows for a quick and straightforward transfer of property.
Family Transfers: Ideal for passing property between family members without the need for extensive title searches.

Valuation is like the heartbeat of real estate. It’s the art of determining the market worth of a property.
It helps you make informed decisions – whether you’re buying, selling, or investing. It sets the stage for negotiations, loans, and even your overall financial strategy!
Looking to be more informed about your property’s worth, understanding valuation is a key step.

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