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May 14, 2024
11:07
:29
am
Pepe
All-American
Good to know, our realtor said she had to look into if it would cause any issues
But in reading up on it myself it’s a pretty common thing in high interest environments.
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Pepe
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Pepe
Joined
Dec 21, 2019
Last login
May 28, 2024
Total posts
4,066 (1 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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