What is a Trustee's deed?
I am reviewing a listing in the MLS and it contains this statement:
"Subject to bankruptcy court approval. Trustee's deed and sold as is where is."
What is a trustee's deed and what impact would it have on me purchasing the property? From my prospective, will it cost me additional $ to get a clear title? Any information on trustee deeds would be great. I have searched the forums and have a little understanding of them. Just want to be better educated before jumping into a deal like this.