: The trustee handles the logistics, from house hunting to signing the purchase agreement on behalf of the trust.
: The trust must be "funded" with enough cash to make the purchase or a down payment. can an irrevocable trust buy a house
: The trustee is responsible for paying property taxes, insurance, and maintenance using trust funds. Financing Hurdles: Getting a Mortgage : The trustee handles the logistics, from house
: If you find a lender, expect higher down payment requirements (often 30–35%), more documentation, and potentially a personal guarantee from the grantor or trustee. : The trustee handles the logistics