3 Men Caught Stealing Houses Using A Quit Claim Deed Scam | Landlords From Hell 6
Channel: HoltonWiseTV
Date: 2020-07-01

In the 6th episode of The Landlords From Hell Show we discuss the dangers of a real estate scam revolving around the use of quit claim deeds. A quit claim deed is used to transfer the ownership interest of a property from one party to another. But, unlike a warranty deed, a quit claim deed doesn't typically involve a title search or a title insurance policy. A quit claim deed only transfers the interest that the seller has, and that interest could be subject to liens on the property that the buyer now assumes. Using forged quit claim deeds authorities allege that Dwayne Mitchell, David Garner & Marquis Lomax stole several houses in Cleveland, Ohio and tried to illegally sell them to unsuspecting buyers. This alleged fraud is believed to have involved the theft of more than a dozen homes.


🎙️ GET THE NEWEST PROPERTIES SENT TO YOU DAILY
https://visitor.r20.constantcontact.com/manage/optin?v=0014No5iJxuS6_2LK2eOy-Z3Z8vPo6Ue70Rgz1-JsiLcXs0fN-XvNrjAO-yqQL-PtgHzJuJxrySoTtSnSJbj_4me2y5LCAFQZqrI2jvtdZMLw6fXtLSIcFGLMD6ndU_hwunjZ_uoFnqILa2IoEXHuxSazyHx_wm65On


🎙️ MENTIONED ON THE SHOW

Real Estate Deeds; Quit Claim, General & Limited Warranty - Ask James Wise 10
https://youtu.be/zL4PkPTq_NA

🎙️ THIS SHOW SPONSORED BY

Ohio Cashflow
https://ohiocashflow.com/investor-application-form
844.289.8876
https://ohiocashflow.com/

Rentec Direct - Property Management & Tenant Screening Software
https://www.rentecdirect.com/holtonwise/
sales@rentecdirect.com
(800) 881-5139

HoltonWise Insurance Insurance
https://www.holtonwisepropertygroup.com/insurance/


🎙️ HELPFUL RESOURCES

Holton-Wise FAQ
http://www.holtonwisepropertygroup.com/property-management/property-management-faq/

The Ultimate Guide to Grading Cleveland Neighborhoods
https://www.biggerpockets.com/blogs/4704/42419-cleveland-neighborhood-grades

The Ultimate Guide to Grading Birmingham Alabama Neighborhoods
https://youtu.be/-zq8pvuW7QM

The Ultimate Guide to Grading Kansas City Missouri Neighborhoods
https://youtu.be/zERyL0sxqZE

Free Property Management software.
https://www.rentecdirect.com/holtonwise/

Lower Your Rental Property Insurance
https://www.holtonwisepropertygroup.com/insurance/


#HoltonWiseTV 📺 is #RealEstateInvestingMadeEasy