Ti,

Karen's answer is more relevant to a local home buying experience. A trust is usually just a regular mom and dad who have taken their financial and estate planning to a higher level than most home owners.

As Karen stated, it has little to no bearing on you, as a potential buyer of the property.

Hi TI,

It would be similar to saying "the seller is a corporation" and not an individual, per se. All decisions are made by the Trustee of the Trust, much like a president of a corporation makes decisions to manage the company's interests.

All the best,

Ron

Hi,

As a buyer....not that much! Many people use living trusts as a tool for inheritance planning. It could be something that simple. Also...if the sellers have passed on...then there might be a trust and an executor who would make decisions.

We would still have all the normal title insurance to make sure that the property has clear title to sell.

Karen