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Updated almost 12 years ago on . Most recent reply

User Stats

170
Posts
23
Votes
Ryan Watson
  • New to Real Estate
  • Indianapolis, IN
23
Votes |
170
Posts

Have you ever baught out a trust?

Ryan Watson
  • New to Real Estate
  • Indianapolis, IN
Posted

Clean cut and in black in white. Has anyone ever found a property they found interesting only to discover its tied up in a trust? I'd like to hear your story.

The only thing i can come up with is if you somehow made the offer to fulfill the objective of a trust. Such as the hard cash value sitting for future family member X. They dont have to worry about selling it later. I imagine any no answers you may get is if the property has been passed down in the family and any change in that is out of the question.

Most Popular Reply

Account Closed
  • Investor
  • Central Valley, CA
3,729
Votes |
6,037
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Account Closed
  • Investor
  • Central Valley, CA
Replied

You don't need to make the trust go away. Property held in trusts are not "tied up". They are no different than any other property and are bought and sold every day. The only possible difference is, depending on your market, holding property in a trust sometimes indicates a modicum of financial and/or estate planning, which may or may not indicate possible motivated sellers.

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