House is in a Trust

[Adrian Smude]

I found a property close to my house that the owners moved out of months ago, it went up for sale and then the sign came down.  From what I found is the house is in a Trust's name which has the owner's name in it.  My question is about contacting them about buying it for the purpose of whole saling it.  Does the trust cause problems and not worth going after?  I have a feeling the lady that lived there is in an assistant living place now.  

[Rob Beland]

It's common to see property held in a real estate trust. It's sometimes just done to hide the true owner of the property. You would only be able to find the trustee who is essentially authorized to sign documents on behalf of the beneficiary (owner). It could also be something set up for a family to hold assets for the benefit of the owner's heirs. Either way it's very common and should not cause too many problems other than maybe having to assemble trustees to sign documents assuming they all agree on the price. If they want their money they will likely be readily available to sign off on the sale.