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To: no dems

There are several alternatives to this provision.

1) file a “quick claim deed” whereby the new owner accepts all leins and other abatement issues.

2) in that quick claim deed list the sale price as $0. ( all perfectly legal to not have to disclose the sale price)

3) lower the sale price to below the threshold and add balance of net value to the sales contract as buybacks.


21 posted on 04/23/2010 11:19:35 AM PDT by Ouderkirk (Democrats...the party of Slavery, Segregation, Sodomy, and Sedition)
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To: Ouderkirk
Another way, collect on the insurance.

That's the difficulty with all these schemes to control how people buy and sell their homes. If the process is made too difficult, they stop doing that and do something else.

24 posted on 04/23/2010 11:21:21 AM PDT by muawiyah ("Git Out The Way")
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To: Ouderkirk

Not to be picky, but my Scandinavian blood forces me - it’s called a “quitclaim deed”.


43 posted on 04/23/2010 11:54:43 AM PDT by dainbramaged (If you want a friend, get a dog.)
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To: Ouderkirk
quick claim deed...

If I remember correctly I think that's supposed to be "quit claim deed". Could be wrong.

61 posted on 04/23/2010 1:14:41 PM PDT by TangoLimaSierra (To the left the truth looks Right-Wing.)
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