Zillow Advice: Buying a Foreclosure - what is a covenent deed ? what type do i get a closing? http://www.zillow.com/advice-thread/what-is-a-covenent-deed-what-type-do-i-get-a-closing/465766/ Zillow Advice | Zillow Real Estate I would of course consult ... http://www.zillow.com/advice-thread/what-is-a-covenent-deed-what-type-do-i-get-a-closing/465766/ <p style="text-align: left;" class="MsoNormal">I would of course consult with a mortgage company first but if I were you go with a special deed otherwise known as a covenant deed. I would choose this because if your buying a foreclosure you won't know the sellers history this deed will protect you from any kind of damage or issue that happened before you bought the house. Good luck! Hope this helps!</p><p style="text-align: left;" class="MsoNormal"><!--[if !supportEmptyParas]-->&nbsp;<!--[endif]--></p><p style="text-align: left;" class="MsoNormal">&#8232;"Covenant Deed</p><p style="text-align: right;" class="MsoNormal"><!--[if !supportLists]-->&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp; <!--[endif]-->The covenant deed is a type of deed that also provides some level of assurance for a buyer of real estate. This type of deed is also referred to as a special warranty deed. Instead of guaranteeing against any type of claim on a piece of property, the seller of a property only guarantees that there were no issues with the property while she owned it. This type of deed does not provide any&nbsp;<a href="http://www.ehow.com/about_7417629_covenant-deeds-vs_-warranty-deeds.html" rel="nofollow"><u>protection</u></a>&nbsp;against claims from previous owners.&#8232;Warranty Deed</p><p style="text-align: right;" class="MsoNormal"><!--[if !supportLists]-->&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <!--[endif]-->The warranty deed is a certain type of deed that can be conveyed to a buyer with certain assurances. The warranty deed will have information like the legal description of the property and the names of the previous owners. The warranty deed provides assurances that the owner of the property has the right to convey it to another party. The warranty deed provides the buyer with assurance because the&nbsp;<a href="http://www.ehow.com/about_7417629_covenant-deeds-vs_-warranty-deeds.html" rel="nofollow"><u>seller</u></a>&nbsp;of the property promises to stand behind any claims against the property."&#8232;&#8232;</p><p style="text-align: left;" class="MsoNormal">Website for content above:&nbsp;<a href="http://www.ehow.com/about_7417629_covenant-deeds-vs_-warranty-deeds.html" rel="nofollow"><u>http://www.ehow.com/about_7417629_covenant-deeds-vs_-warranty-deeds.html</u></a></p><!--EndFragment--> Thu, 25 Oct 2012 16:42:00 GMT http://www.zillow.com/advice-thread/what-is-a-covenent-deed-what-type-do-i-get-a-closing/465766/ 2012-10-25T16:42:00Z A covenant deed is normally ... http://www.zillow.com/advice-thread/what-is-a-covenent-deed-what-type-do-i-get-a-closing/465766/ A covenant deed is normally what a bank gives you when you buy from them. It says that there were no liens or problems ONLY while the bank owned it. They make no representation about before they owned it. It is more commonly called a special warranty deed in my area.<br/><br/>Tim Thu, 25 Oct 2012 16:30:00 GMT http://www.zillow.com/advice-thread/what-is-a-covenent-deed-what-type-do-i-get-a-closing/465766/ 2012-10-25T16:30:00Z You might take a look at ... http://www.zillow.com/advice-thread/what-is-a-covenent-deed-what-type-do-i-get-a-closing/465766/ You might take a look at the different types of real estate deeds <a rel="nofollow" href="http://realestate.findlaw.com/buying-a-home/what-are-property-deeds.html">here</a>. Also look at the <a rel="nofollow" href="http://www.ehow.com/about_7417629_covenant-deeds-vs_-warranty-deeds.html">differences between a warranty deed and a covenant deed</a>. Are you going through an escrow company for the purchase? Thu, 25 Oct 2012 16:06:00 GMT http://www.zillow.com/advice-thread/what-is-a-covenent-deed-what-type-do-i-get-a-closing/465766/ 2012-10-25T16:06:00Z please&nbsp; help http://www.zillow.com/advice-thread/what-is-a-covenent-deed-what-type-do-i-get-a-closing/465766/ please&nbsp; help Thu, 25 Oct 2012 15:53:00 GMT http://www.zillow.com/advice-thread/what-is-a-covenent-deed-what-type-do-i-get-a-closing/465766/ 2012-10-25T15:53:00Z