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Updated over 8 years ago,

User Stats

155
Posts
13
Votes
Aaron Xie
  • Investor
  • Southern California
13
Votes |
155
Posts

Buying a house in a trust

Aaron Xie
  • Investor
  • Southern California
Posted

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....

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