Not personally but it's not uncommon. Half the houses in my neighborhood are

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May 14, 2024
10:56:02am

justAnotherCoug All-American

Not personally but it's not uncommon. Half the houses in my neighborhood are

Owned by trusts.

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justAnotherCoug

Previous username: annapcoug
Bio page: justAnotherCoug
Joined: Sep 8, 2010
Last login: May 28, 2024
Total posts: 5,524 (10 FO)

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Messages

Author

Time

Anyone had experience selling a home where a trust was involved on the buyers

Pepe

May 14, 10:47am

Trusts are very often set up simply as an estate tool. If there is a mortgage,

Acorn

May 14, 10:55am

Especially if there is a 2nd marriage

TeeKaa

May 14, 2:27pm

Not personally but it's not uncommon. Half the houses in my neighborhood are

justAnotherCoug

May 14, 10:56am

Yes. Just like any other buyer.

WDaddy

May 14, 10:56am

Good to know, our realtor said she had to look into if it would cause any issues

Pepe

May 14, 11:07am

Your realtor didn't know about trusts? And RE agents are totally necessary lolol

NarfUte

May 14, 11:10am

Who needs agents when we have cb?

Swish

May 14, 9:02pm

No shade against OP, this is a great use of CB. But if you’re presumably paying

NarfUte

May 14, 9:18pm

NBD Bought a house from a trust. Only issue was one of kids (house had belonged to deceased parents) was a

Soupie

May 14, 10:56am

We sold our last home to a trust. NBD. It was the same as others.

Ragnar Danneskjold

May 14, 10:57am

It shouldn't be an issue. Many people have family trusts for their big assets

LifeLongLakerFan

May 14, 11:26am

Generally if you are buying with a loan you have to purchase in your own name

vegasnative

May 14, 11:52pm

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