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| MOST houses financed by younger buyers have 2 or more loans to purchase them. I say that because "IF" the mortgage being foreclosed is a second, third or more...you can buy it thinking free and clear and find out you bought it subject to the ;first'. So a good deal goes upside down fast.
At minimum you want the services of a title insurance company to do a last minute lien search before the sale. They can sort out which is getting forclosed and which are not.. Thats probably what an attorney would do also,,,or so you HOPED. THEY can make mistakes all day on your dime and it is "oh well" | |
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Tips on buying a foreclosed house.
