Buying a house owned by an Estate

[SethNaga]

What is the name of your state?What is the name of your state? Georgia

I am trying to a buy a home owned by a Non profit Foundation. The home owner died of illness. A Year before his death, it seems he transferred the home to a foundation, the CEO of the Foundadtion being his Step Son, secretary being his wife.

My question is : Are there any issues involved in buying this home? Let us say, I find some structural problem in the home 6 months later, who do I contact, The foundation?

Thanks for your help

Naga

[HomeGuru]

Originally Posted by SethNaga

What is the name of your state?What is the name of your state? Georgia

I am trying to a buy a home owned by a Non profit Foundation. The home owner died of illness. A Year before his death, it seems he transferred the home to a foundation, the CEO of the Foundadtion being his Step Son, secretary being his wife.

My question is : Are there any issues involved in buying this home? Let us say, I find some structural problem in the home 6 months later, who do I contact, The foundation?

Thanks for your help

Naga

**A: you make the purchase contingent on and approval of a survey, home, pest and sturctural inspection, title report etc.

[SethNaga]

Thanks; I will do that.

What if I find something later, say after 6 months. In case of a individual, hypothetically, I can sue him. can I do the same in case of a an Estate or Foundation?

Originally Posted by HomeGuru

**A: you make the purchase contingent on and approval of a survey, home, pest and sturctural inspection, title report etc.

[HomeGuru]

Originally Posted by SethNaga

Thanks; I will do that.

What if I find something later, say after 6 months. In case of a individual, hypothetically, I can sue him. can I do the same in case of a an Estate or Foundation?

**A: yes you can sue but you will not get anywhere unless fraud occured.