2 Parcels, One Deed, Please educate me...

[Ian Bower]

I made an offer on a double, it turns out that it's on two parcels with two separate tax cards but deeded together. 

My loan officer seems to believe this means that I need two separate loans, sales agreements etc... 

My Real Estate agent believes that they can be sold together since it's a single deed... 

While they go back and forth, I wanted to try and educate myself on the situation. 

Can anyone here provide some insight? Since it's a single deed it seems to me that it would only make sense to do one loan/deal. 

[Jay Hinrichs]

your loan officer is nuts.

you can have multiple lots/parcels on one deed..

For instance my 90 lot subdivision at one point I had 90 legal descriptions and parcels on one master deed.. as I sold them off we just deeded them out separately..

its super common especially in older platted cities were lots might have been small like 25 X 100 and someone bought 3 of them and then built one home on all three.. some places they force merge them others you can go back and recreate the Old lots of record.. there is millions upon millions made by those that know how to find shadow plats and bring to life underlying parcels.