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Updated over 7 years ago on . Most recent reply

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Greg P.
  • Los Angeles, CA
50
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717
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Limited Warranty Deed? Need some help

Greg P.
  • Los Angeles, CA
Posted

Hello, I am buying a house from a local bank as a limited warranty deed. I'm a bit confused why not as a general warranty deed. Are they trying to hide something? Should I request I get a warranty deed instead of limited? Any thoughts would be grateful. Thank you.

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Jon Holdman
  • Rental Property Investor
  • Mercer Island, WA
14,127
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Jon Holdman
  • Rental Property Investor
  • Mercer Island, WA
ModeratorReplied

REOs are often sold with less than a full general warranty deed. Buy title insurance. They won't give you a general warranty deed.

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