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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: Recording deed without disclosing acquisition price Posted by Bill H on July 11, 2003 at 2:59 PM In Reply to: Recording deed without disclosing acquisition price posted by bob on July 10, 2003 at 6:45 PM : Can a trustee's deed be recorded without the acquisition price being reflected. When we resale properties, the appraisals are sometimes difficult due to what the buyers lenders feel are flip transactions with large margins. Bob: As Lughead says it all depends on the state statutes. I am in Montana at present and the trustees deed here just recites "XXXXX being the high bidder....." no mention of price. I would simply ask the trustee if you are the sucdessful bidder. Or have them record it as a separate document. Good Luck, ======>bill Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : : Can a trustee's deed be recorded without the acquisition price being reflected. When we resale properties, the appraisals are sometimes difficult due to what the buyers lenders feel are flip transactions with large margins. : Bob: : As Lughead says it all depends on the state statutes. I am in Montana at present and the trustees deed here just recites "XXXXX being the high bidder....." no mention of price. I would simply ask the trustee if you are the sucdessful bidder. Or have them record it as a separate document. : Good Luck, : ======>bill Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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