real estate


Question by  khgore (124)

What is the process of trading houses that are for sale?

I would like to trade houses with someone.


Answer by  Kurt (4579)

You will need to be very careful if you want to trade houses. 1. Make sure to check the title of the house you want to acquire is clear of any mortgages or liens. 2. Use an attorney to draw up the legal agreement between you and the other homeowner. 3. Use a title company to ensure legality.


Answer by  elden (116)

Trading houses would simply be swapping deeds. Unless you're familiar with that process you should use a bank to help facilitate. They probably have someone who could guide you through and may not even charge for the service. Of course each party should do a title search to avoid aquiring any unexpected debt along the way.

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