Forum Discussion
SolidAxleDurang
Dec 07, 2013Explorer II
Francesca Knowles wrote:Executive wrote:Francesca Knowles wrote:
HEADS UP- THE O.P.HAS POSTED A CLARIFIER!
See quote below
Restrictive covenants begun in 2006 to run with the land for 25 years with a possible 5 year extension...
Shoulda turned up in the Title search: go after the Title Insurance company, O.P.!
Assuming of course you bought Title Insurance-?
Did you miss the part where he bought the home "SHORT SALE" ..:h...
different rules apply to short sales.....Dennis
:h Back atcha!
Title Insurance is something a prudent buyer buys no matter the "type" of sale. There can't be any "rule" limiting one's right to do so...
I wouldn't buy the Family Farm from my own Mother without Title Insurance!
I guarantee a title search was required by the lender.
HOWEVER, the lender is not interested in covenants. They are only interested in title chain and claims to the title.
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