Legal Question in Real Estate Law in Texas
House in a trust?
We re buying a house that the owner was going to owner finance to us. We have givin him 5000.00 and moved in . Know he wants to put the house in a trust? Is this good for us or not?
Asked on 3/31/09, 1:15 pm
1 Answer from Attorneys
Joseph A. McDermott, III
Attorney at Law
Re: House in a trust?
Sounds fishy. I wouldn't put one more dollar into the house unless he's prepared to give you a deed and a title policy.
Answered on 3/31/09, 9:03 pm
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