General Warranty vs. Special Warranty

[Jing Hoyer]

Hi pros,

I have a couple of questions about buying from a whole seller.  I am looking at my first deal from a whole seller. Could anyone offer any advice on what to look out when dealing with a whole seller.  Do you typically perform home inspections when buying from a whole seller?  He said nobody has ever done one when buying from him.  

The whole seller is only conveying a Special Warranty deed and I am a little worried about that. The previous owner bought the property at auction and have owned it for 5 years with no problems. Could any seasoned investors tell me if that would present a challenge on resale?

Thank you so much for reading and responding in advance!  As always, I am happy to help in any capacity.  

Thanks, Jing