"Special Warranty Deed"
Asked May 19, 2008, 06:56 PM
I have an offer in on a bank-owned foreclosure, and as part of the counter it has "Title will be conveyed by a Special Warranty Deed". Should I be concerned about this? I am used to Grant Deeds. And since the bank owns this, all the liens, judgements, etc against the property have been settled, right? I shouldn't have any more worries about a clean title than with a normal purchase? I'd just hate to get this place and have someone come after me for someone else's debts!
I can feel your heart burning with tears that you hide.
I will walk without turning, ever close to your side.
I will guard you at night, and alert you to harm.
And will snuggle up tight, just to keep us both warm.
Lay your hand on my head as the firelight dies
And believe what I've said, for this love never lies.
Heather Alexander - Familiar's Promise