Originally posted by Vikram C.: the profits are making me worry about taxes.

To add to Vikram's response: if your getting title insurance, then you should be fine all around, as down the road if anything comes up, the insurance will take care of it.Of course, I have never heard of such an instance where a claim was made on the title insurance; And we all know how fun making an insurance claim can be.To that end, I would make sure your getting title insurance through a reputable firm

Thanks for your response Vikram,We are planing on getting the deed in lieu from the seller, the info we have tells us this is the way the owners want to handle this.

Vikram,Thanks for the response.

Vikram, I would agree with this assessment.

Originally posted by Vikram C.

Originally posted by Vikram C.

vikram,I do not know about the appraisers out there (or here for that matter) but they should be taking all market data into account.

Really Vikram?

I would have to agree with Vikram.