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Sam Leon
  • Investor
  • Fort Lauderdale, FL
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Homesearch.com Auctions

Sam Leon
  • Investor
  • Fort Lauderdale, FL
Posted Oct 8 2013, 19:44

Anyone with experience buying on this site?

There is a property I am curious about on there but it says "Buyer will receive a Special Warranty Deed (SWD) or equivalent"

I understand SWD basically the seller is only giving warranty of the title for the period of ownership, in this case it's a bank and they didn't take possession until July of 2013 after they claimed it back after the county auction. So basically that's only 3 months, right?

What could "or equivalent" mean? Quit claim?

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