Return to article: How to Buy a Home at an Auction
on 11/22/2005 if you are serious about going after a piece of property you have to GET A TITLE SEARCH DONE. this will tell you if there are any other outstanding notes tied to the property. eg.2 nd and 3rd mortgages.
on 11/22/2005 Often homes sold at auction do not have a clear title. Sometimes they are sold with a sheriff's title and may not be free of liens and encumbrances. They may also be subject to be reclaimed by the former owners in states that allow owners time to do so.
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