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Updated over 5 years ago on . Most recent reply

User Stats

40
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6
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Tamara R.
6
Votes |
40
Posts

Bargain and sales deed, would you do it?

Tamara R.
Posted

Wondering if bargain and sales deeds are normal if the property owners died and the house is given to a charitable trust to sell. Would you buy a house with this kind of deed? Does it permanently mark the title for resale? If you wouldn’t would you ask them to change the deed and to what, and do you think they would? Just trying not to end up making a huge mistake. What would you do to hedge against what could happen on this deal? The title search only shows they owe taxes on it for 2019 of like 1500$. Not sure what to do. Any help would be awesome. It’s a great deal on a house I want but don’t want to end up doing something wrong. Thanks in advance for any advise.

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