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Updated almost 7 years ago,

User Stats

20
Posts
2
Votes
Jeff Nichols
  • KnoxvilleTN
2
Votes |
20
Posts

Title Issue Disclosed By Seller

Jeff Nichols
  • KnoxvilleTN
Posted

I made an offer on a property and in the counter-offer it had this exemption: 

"Buyer understands that an issue with the title has been disclosed by the seller; said issue First American Title Company of Texas has previously agreed to insure over. Buyer agrees to further research this with Radiant Title Company or a title company of their choosing for a full understanding. Buyer also agrees to accept or reject the title condition and title insurance as it will be provided by the closing company within 6 days of Binding agreement of this contract." 

I wasn't aware of any issue with the title till i read this in the counter-offer. 

Any helpful insights?

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