[quote=patb]it’s littered with pending litigation.
My take is the title insurance should cover that and the estate is in
administration under a court, so if we get court approval to the sales price,
that should constitute some judicial cover, but, i’m real real uneasy
with them using my earnest money,
i’d rather put money down, carry a note back from the estate and
then clear them once i get more long term finance.[/quote]
It might be tough to get title insurance if there’s pending litigation issues. It’s kind of like trying to buy home owners insurance and announcing you plan to set fire to the house.
There’s always the saying no risk, no reward but this is starting to look like if it’s too good to be true it’s probably not true. You probably aren’t the lucky one that’s going to get a $480K house for $300K.
