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Re: Cabin for Sale [Re: Wolfwoman] #5699359
11/13/16 10:52 PM
11/13/16 10:52 PM
Joined: May 2007
Posts: 2,365
Billings, MT
Wolfwoman Offline OP
trapper
Wolfwoman  Offline OP
trapper

Joined: May 2007
Posts: 2,365
Billings, MT
Top Jimmy, not an issue here. I knew the guy that built the cabin, and I bought it cash Quit Claim Deed from him 14 years ago. It's pretty easy to research property in the Mat-Su Borough as well, just have to go to their website and type it in. Additionally, I think you can see liens on the property on the Borough site as well. So - all someone has to do it LOOK. Really quite simple.





Last edited by Wolfwoman; 11/13/16 10:55 PM.
Re: Cabin for Sale [Re: Wolfwoman] #5699372
11/13/16 11:00 PM
11/13/16 11:00 PM
Joined: Jan 2008
Posts: 9,153
Alaska and Washington State
W
waggler Offline
trapper
waggler  Offline
trapper
W

Joined: Jan 2008
Posts: 9,153
Alaska and Washington State
I have bought several properties via a Quit Claim Deed (QCD). It can actually be to the buyers advantage if you do your research. Properties conveyed with a QCD can usually be bought at somewhat of a discount since the seller is not warrantying the title. In other words the seller is selling you what they may or may not own. For example: I could legally sell you Trump Tower with a QCD, and when you found out that I had no legal ownership interest in TT you would have no recourse.

When you find a property that is for sale, and the owner wants to transfer possession with a QCD, simply go to a local Title insurance company and get a preliminary commitment to insure title. They will conduct a title search to ensure that there are no outstanding liens or other encumbrances against the property. Common liens are for child support, labor or mechanic's liens, divorce judgements, etc., other encumbrances could be things like mortgages and other unpaid notes that were secured by the property.

A more complicated sale might involve a property that was never properly severed from the public domain, or more likely the records of patent were never recorded properly. Or maybe one of the previous sales from years ago was never recorded. However, if it's obvious the current owner is the legal owner, the title can usually be cleared up by going to court and suing to "quiet title". That means anyone other the the alleged owner who thinks they have a legal interest in the property has the opportunity to make their claim of ownership. If no one shows up to make any claims the court then grants a quiet title judgment. Sometimes a title company will require this before they will insure a property with a clouded title.


"My life is better than your vacation"
Re: Cabin for Sale [Re: Wolfwoman] #5699659
11/14/16 10:12 AM
11/14/16 10:12 AM
Joined: Jan 2008
Posts: 1,750
Southern Virginia, 50 yr old
V
VaBeagler Offline
trapper
VaBeagler  Offline
trapper
V

Joined: Jan 2008
Posts: 1,750
Southern Virginia, 50 yr old
Purchased some timberland here way off the road in the boondocks via qcd. When I sold the timber I had people coming out of the woodwork saying they were descendants of the estate that have never been
settled. These people were great-great nieces and nephews. The man I purchased the land from had been paying taxes on the land for 47 years. After the lawyers were paid I almost broke even. Alaska may be different but I would never purchase property in the lower 48 via qcd again.

Re: Cabin for Sale [Re: VaBeagler] #5699669
11/14/16 10:18 AM
11/14/16 10:18 AM
Joined: Jan 2008
Posts: 9,153
Alaska and Washington State
W
waggler Offline
trapper
waggler  Offline
trapper
W

Joined: Jan 2008
Posts: 9,153
Alaska and Washington State
^^^^^^^
That is a perfect example of the need to have a title company perform a title search and insure the title. You could have still purchased it through a QCD and been protected if you had title insurance.


"My life is better than your vacation"
Re: Cabin for Sale [Re: Wolfwoman] #5706085
11/21/16 12:14 AM
11/21/16 12:14 AM
Joined: Dec 2006
Posts: 4,827
Alaska, USA
Top Jimmy Offline
"Assistant Speling Zcar"
Top Jimmy  Offline
"Assistant Speling Zcar"

Joined: Dec 2006
Posts: 4,827
Alaska, USA
Bonnie,

The borough tax site does not have all the history of the property, or list every lien. You are better to go to the DNR website and view all the transactions there. And even then, they might not have everything, as they don't go back and add all the paper transactions from pre computer days in the state. As VA Beagler points out above, you can have issues with heirs, native allotments, land that was staked for several different programs under the feds, etc., in Alaska.

You can get a title prelim from a title company for $250. It doesn't insure the transaction, but it is what they provide when you want to get title insurance. The state sets the minimum cost of the prelim, and for most smaller transactions, that is the cost of the insurance, as they credit that fee to the insurance.

Also, the seller doesn't have to pay for it if they don't want to. All of these things are negotiable between the buyer and seller.

-TJ


Some people are like slinkies - not really good for anything, but they bring a smile to your face when pushed down the stairs.

Re: Cabin for Sale [Re: Top Jimmy] #5740328
12/19/16 08:19 PM
12/19/16 08:19 PM
Joined: May 2007
Posts: 2,365
Billings, MT
Wolfwoman Offline OP
trapper
Wolfwoman  Offline OP
trapper

Joined: May 2007
Posts: 2,365
Billings, MT
Originally Posted By: Top Jimmy
Bonnie,

Also, the seller doesn't have to pay for it if they don't want to. All of these things are negotiable between the buyer and seller.

-TJ


Good point!

Re: Cabin for Sale [Re: Wolfwoman] #6170873
02/26/18 10:49 AM
02/26/18 10:49 AM
Joined: May 2007
Posts: 2,365
Billings, MT
Wolfwoman Offline OP
trapper
Wolfwoman  Offline OP
trapper

Joined: May 2007
Posts: 2,365
Billings, MT
Ok, no longer quit claim deed
.. Listed thru a realtor. Here's the link:
https://www.realtor.com/realestateandhomes-detail/36297-E-Bestline-Ave_Sutton_AK_99674_M79953-15121

Last edited by Wolfwoman; 04/26/18 10:21 AM.
Re: Cabin for Sale [Re: Wolfwoman] #6171328
02/26/18 07:35 PM
02/26/18 07:35 PM
Joined: Jan 2012
Posts: 13,824
central ohio
madcotrappwr Offline
trapper
madcotrappwr  Offline
trapper

Joined: Jan 2012
Posts: 13,824
central ohio
Are the roads kept in the winter? I had 3 or so more other questions that I've just forgot.


Ok. Do you get a bunch of snow.

Is a snow machine a must?


Will my toes ever warm up?

I'm Gonna die with my boots on.

Tim Henry.





Re: Cabin for Sale [Re: Wolfwoman] #6171847
02/27/18 09:45 AM
02/27/18 09:45 AM
Joined: May 2007
Posts: 2,365
Billings, MT
Wolfwoman Offline OP
trapper
Wolfwoman  Offline OP
trapper

Joined: May 2007
Posts: 2,365
Billings, MT
Yes, roads are maintained.
No, a snowmachine isn't needed.
Snow depends on the year...1 foot to 8feet or more ...lol

Last edited by Wolfwoman; 02/27/18 09:46 AM.
Re: Cabin for Sale [Re: Wolfwoman] #6176483
03/03/18 11:10 AM
03/03/18 11:10 AM
Joined: Oct 2009
Posts: 1,292
Downeast Maine
scalloper Offline
trapper
scalloper  Offline
trapper

Joined: Oct 2009
Posts: 1,292
Downeast Maine
Is it decent moose hunting in the area?

PS we still have the great coyote hats you made for me and get compliments every time we ware them.


There is a very fine line between "hobby" and "mental illness
Re: Cabin for Sale [Re: Wolfwoman] #6177230
03/04/18 09:58 AM
03/04/18 09:58 AM
Joined: May 2007
Posts: 2,365
Billings, MT
Wolfwoman Offline OP
trapper
Wolfwoman  Offline OP
trapper

Joined: May 2007
Posts: 2,365
Billings, MT
Lots of moose in the area. Friend had 10 acres just a few miles up the road and he took a moose every other year, could have taken one every year but didn't need to.


Great to hear about the hats!

Re: Cabin for Sale [Re: Wolfwoman] #6179735
03/06/18 08:42 PM
03/06/18 08:42 PM
Joined: Dec 2006
Posts: 10,472
Philippines, s.e. asia,ohio
west river rogue Offline
trapper
west river rogue  Offline
trapper

Joined: Dec 2006
Posts: 10,472
Philippines, s.e. asia,ohio
Its awesome,im too old and feeble now

Re: Cabin for Sale [Re: Wolfwoman] #6180148
03/07/18 09:44 AM
03/07/18 09:44 AM
Joined: May 2007
Posts: 2,365
Billings, MT
Wolfwoman Offline OP
trapper
Wolfwoman  Offline OP
trapper

Joined: May 2007
Posts: 2,365
Billings, MT
Thanks smile
We loved it there.

Re: Cabin for Sale [Re: Wolfwoman] #6227154
04/26/18 10:20 AM
04/26/18 10:20 AM
Joined: May 2007
Posts: 2,365
Billings, MT
Wolfwoman Offline OP
trapper
Wolfwoman  Offline OP
trapper

Joined: May 2007
Posts: 2,365
Billings, MT

Re: Cabin for Sale [Re: Wolfwoman] #6227235
04/26/18 12:20 PM
04/26/18 12:20 PM
Joined: Dec 2006
Posts: 2,735
SW Alaska
otterman Offline
trapper
otterman  Offline
trapper

Joined: Dec 2006
Posts: 2,735
SW Alaska
Please make all further inquiries about this to PMs


We get out of life only as much as we really want and work hard enough to achieve
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