foreclosed property
This is a discussion on foreclosed property within the Other Real Estate Law Matters forum, part of the REAL ESTATE & PROPERTY LAW category; I am thinking of investing in a property that has been foreclosed on and was worried about what the ramifications ...
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Sep 22nd, 2008, 08:08 PM
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foreclosed property
I am thinking of investing in a property that has been foreclosed on and was worried about what the ramifications would be if I did purchase this property. Specifically, I was worried if the prior owner had some outstanding debt with the city, Water bill, gas bill or sewer charges, would I be responsible for his bills? Also, what if he is still living in the house after I buy it, what can I do if he refuses to move out? What should I particularly be careful about when buying a foreclosed property?
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Sep 23rd, 2008, 05:49 AM
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Re: foreclosed property
Ask the bank or lender for a clean title.
Foreclosed Homes and Real Estate |
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