Source
r/RealEstate•
microteck7

Question - Home build changing name on contract?

We are purchasing a home in Kansas that was built in 2010. It did not sell, but the home builder rented it until recently. We've had inspections from our person and our city inspectors and everything is in good order.

Now, our realtor just informed us that the builder wants to change the name on the contract to his personal self rather than his home building business.

What would be his reasons for this? Is it strictly tax related, or are we missing something?

Thanks for any thoughts!

Posted Sep 14, 2017, 7:38 PM UTC · edited

12
kc0039Lender in Greater Chicago area•

That doesn't apply to you. Whatever motivates them to do is their business. As long as you get the house with clear title (IF you like the house) and the negotiations have been met, you should be fine.

2
kc0039Lender in Greater Chicago area•

That doesn't apply to you. Whatever motivates them to do is their business. As long as you get the house with clear title (IF you like the house) and the negotiations have been met, you should be fine.

2
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