"It will be closed through a licensed title company in PA. The deed will be a warranty deed." whats a warranty deed??? thanks TCI
"WARRANTY DEED -- A deed conveying the title to a property with a warranty of clean, clear marketable title." If you go to the "My TCI" link at the top of the page, then to "My Tools" you'll find a link to all kinds of RE terms and acronyms . HTH
so is there any downsides to this deed (sorry my tools don't work for me, need to upgrade membership). I found a 5 bedroom house for $3750.00 and it comes with this deed, oh yes its a fixxer upper, needs everything including the kitchen sink lol....
A warranty deed is the best type of deed you can obtain for a property. -Chris [addsig]
"WARRANTY DEED -- A deed conveying the title to a property with a warranty of clean, clear marketable title."
If you go to the "My TCI" link at the top of the page, then to "My Tools" you'll find a link to all kinds of RE terms and acronyms .
HTH
so is there any downsides to this deed (sorry my tools don't work for me, need to upgrade membership). I found a 5 bedroom house for $3750.00 and it comes with this deed, oh yes its a fixxer upper, needs everything including the kitchen sink lol....
A warranty deed is the best type of deed you can obtain for a property.
-Chris
[addsig]