Special Warranty Deed vs. General Warranty Deed

Foreclosures, Short Sales, Tax Foreclosures
1

I understand the differece between the two deeds, but is there any major risk in accepting a special warranty deed in an foreclosure addendum. We’re looking to purchase a 2 year old home…

Thanks, MD

2

There is some risk, but I would think that is what title insurance would help cover. I suggest talking to a title company to get their take on it.