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Quitclaim Deed:
A deed working as a release, which is planned to pass any title, interest, or claim that the grantor might have in the property, but not having any warranty or professing that such title is valid.
Qualified Acceptance
An acceptance of an offer subject to a form or conditions that must be met. This is fundamentally a counteroffer since new conditions are included.
Qualified Buyer
A buyer who has contented a lender, which he or she is monetarily able to qualify for a loan. Qualifying the buyer is one of the initial steps taken by the lender as part of the loan process.
Qualifying Ratios
Lenders calculate qualifying ratios to decide how much a possible buyer can borrow. Top
Lenders calculate qualifying ratios to decide how much a possible buyer can borrow.
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