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Court ordered For closure Sale

I recently purchased a house that was sold by the courthouse. It was a spur of the moment purchase so I didnt do any research before I bought it.

That night I did a title search and there are several leins showing up to include a hospital.

Which leins stay with me and if they all stay am I able to back out of this purchase? Today is day two since the auction.

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Posted 20 hours ago
  
  
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Answers


Always, 100% of the time, do a title search before you bid.

If you paid the full amount already, you most likely cannot back out of the deal, would take an attorney and legal work to attempt to.

As far as which liens, it depends on the lien, type of lien, type of auction you purchased and which lien foreclosed.

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Posted 20 hours ago
Edited 20 hours ago
  
  
Damon Simons
218 × 5 Administrator
  
  

I believe it was Rocket Mortgage that forced the sale due to a messy divorce. It was court ordered. I bought the property for $200. What are the types of auction?

Edward Bromley   20 hours ago Report
  
  

yeah, that could have been a 2nd, 3rd or 4th mortgage, so who knows, only the person with a proper title search. I suggest you call a real estate attorney immediately.

Damon Simons   20 hours ago Report
22 Views
1 Answer
20 hours ago
20 hours ago

Miami Dade County Foreclosure Schedule

Miami Dade County Foreclosure Auctions: