About Eric Sexton Expertise All aspects of buying and selling homes including: General real estate questions, Contracts, Negotiations, surveys, title work and general questions about mortgages. I CAN NOT GIVE LEGAL ADVICE AND WILL NOT BE ABLE TO ANSWER QUESTIONS WHERE LEGAL ADVICE IS NECESSARY.
Experience
I have been a real estate agent for 6 years and a broker for 2 years.
Organizations National Association of REALTORS and Texas Association of REALTORS.
Expert: Eric Sexton Date: 7/11/2007 Subject: Loan on Sheriff's Deed
Question Is is possible to get a loan on a sheriff's deed. The house is paid off.
Answer Tamara,
While I have never dealt with a sheriff's deed, I don't think it would be a problem. A sheriff's deed just says that the chain of title is not being guaranteed. A title company can still do a complete title search and issue an insurance policy that should satisfy the lender.
