Warranty Deeds

       A real estate deed is a legal document that conveys and assigns title to property. Warranty Deeds have similiar characteristics to a foreclosure,meaning they both are distressed properties.And that the borrower/s are defaulting on the loan. Warranty Deeds are sold by the lender after the repossession of the property.And can be pretty nice investments for investors.They also protect the buyer, they have four warranties(promise) in favor of the buyer.Always seek professional legal  advice when dealing and writing warranty deeds.

Warranty Deeds guarantee that the person selling the property is the owner(and alive,some stipulations on being alive) and has the right to sell. Its comes with no liens attached,and this means no taxes and other fees to be paid by the buyer. Sometimes it takes the edge off things knowing that

•  the seller indeed owns the title
• holder has the right to sell and has not been sold
• the property is free of claims, debts and liens ,unless otherwise stated on the deed.
• the owner carry the repair responsibilities and any problems with the property lay on the seller

     I suggest, if you plan looking into Warranty Deeds call around and locate the attorney's who can help you with the writings of W.D's. Even though they carry nice warranties, they still come with stipulations, but can be     done with some effort and a little bit of savvy.    

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