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Updated over 3 years ago on . Most recent reply
Buying a Property with a Bargain & Sale Deed :o
Ive been investing in real estate for the last 6 years and have encountered something entirely new.
A Bargain & Sale deed
Anyone have any experience with these or can enlighten me?
The Story:
I got tipped off on a local property that was in foreclosure and selling for an irresistible price off market...
Ive just been told that it will be a cash only quit claim bargain & sale transaction. I informed my lawyer and he said he doesnt want to be involved as bargain sales dont really protect the buyer.
What are the pros and cons? Will I be vulnerable?