Buying A House That's In A Trust «Validated — BUNDLE»

If you choose to have your trust (usually a ) purchase the home, the trust—not you individually—becomes the legal owner.

Unlike individual sellers, trustees often haven't lived in the home. In many states, they are exempt from providing certain disclosures, such as a Transfer Disclosure Statement (TDS), regarding the property's condition. This makes a professional home inspection critical. buying a house that's in a trust

When a property is sold by a trust, you are dealing with a (the person managing the trust) rather than a traditional homeowner. This often happens after the original owner has passed away. If you choose to have your trust (usually