What Makes “Estate Sales” Unique?
August 29th, 2008 By Peter G. Miller
An “estate” sale occurs when someone dies and their property is offered for sale by the heirs, a party
In some cases, the rules for estate sales may vary from those of other residential transactions. For instance, in some states the need for a disclosure statement may be waived. Title may be given in the form of a quitclaim deed. The sale may be subject to court approval. The FHA‘s anti-flipping rule
In some cases, the rules for estate sales may vary from those of other residential transactions. For instance, in some states the need for a disclosure statement may be waived. Title may be given in the form of a quitclaim deed. The sale may be subject to court approval. The FHA”s anti-flipping rule does not apply to estate sales.
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