Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago,
Buying a house in a trust
The owner just passed away, and the house is in a trust. The house has been rented for two year, and the current tenant looks nice and cooperative (according to my agent and according to my personal experience from meeting the tenant at the house). The current tenant agrees to move out within one month from the day the offer is accepted. And my agent told me that this agreement with the tenant is in paper and can been seen after the offer is submitted.
My question is: is anything I should pay special attention, especially because it is in a trust and the current occupied by a tenant? This is my first time dealing with a trust....