Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated 25 days ago, 11/22/2024
2 Parcels, One Deed, Please educate me...
I made an offer on a double, it turns out that it's on two parcels with two separate tax cards but deeded together.
My loan officer seems to believe this means that I need two separate loans, sales agreements etc...
My Real Estate agent believes that they can be sold together since it's a single deed...
While they go back and forth, I wanted to try and educate myself on the situation.
Can anyone here provide some insight? Since it's a single deed it seems to me that it would only make sense to do one loan/deal.