Thursday, 4 September 2014

If i will buy a foreclosed property from a auction site including signing a standard contract for Reo property that now the bank owns, am I ...

Question

If i will buy a foreclosed property from a auction site including signing a standard contract for Reo property that now the bank owns, am I paying any associations lien at all if they are not paid?



Answer

Yes, you take it with all liens and judgments. Not a good idea.



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