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Special warranty deed?

Has anyone purchased a home with a special warranty deed on it? Is it advisable or did you regret it?

Update:

There are several types of deeds. As an agent you should always ask for a general warranty deed. I am looking for answers from people who have experience buying or selling property with a special warranty deed.

2 Answers

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  • Anonymous
    1 decade ago
    Favorite Answer

    It should be a Warranty Deed. No special about it. What makes this one special? Ask your agent why the difference in terminology.

    Source(s): An Agent
  • Anonymous
    4 years ago

    from wiki solutions: specific guarantee deeds have become extra common. A usual guarantee deed is a promise to the customer that the broker will guarantee any past problems with call, no longer in basic terms during the broker's possession, yet returned alongside the chain of possession. a particular guarantee deed, on the different hand, limits the broker's promise -- or guarantee -- to call issues that arise on the same time as the broker owned the valuables, yet supplies no guarantee for propblems previous to that factor. as an occasion, builders many times supply specific guarantee deeds. they in basic terms owned the valuables long sufficient to construct the homes. they are not sticking their necks out to guarantee shoppers against something that got here approximately to cloud call whilst the subdivision replaced into nevertheless a pig farm. foreclosure assets is yet another occasion the place you many times see specific guarantee deeds. The financial company, like the builder, has no close dating to the valuables and could no longer bend over backwards to vow something relating to the condition of call till now they won the valuables by foreclosure. common no longer, get a usual!!!

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