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REAL foreclosed houses?
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<blockquote data-quote="Chevillac" data-source="post: 2783205" data-attributes="member: 553407"><p>The other problem with rehabing houses that have been repoed and such.....if you plan on selling them (fast at least) you have to have a free and clear title. Most of the properties (at least here) that have been repoed and such have judgements against them. You cant sell it at that time. Also a lot of title companies wont give you title insurance with a house that has too many judgements, or if the title isnt free and clear. I think its just the lack of people wanting to deal with it, this happened with the last house i tried to buy. I posted about that whole fiasco.</p><p></p><p>Im learning more as I go though.</p></blockquote><p></p>
[QUOTE="Chevillac, post: 2783205, member: 553407"] The other problem with rehabing houses that have been repoed and such.....if you plan on selling them (fast at least) you have to have a free and clear title. Most of the properties (at least here) that have been repoed and such have judgements against them. You cant sell it at that time. Also a lot of title companies wont give you title insurance with a house that has too many judgements, or if the title isnt free and clear. I think its just the lack of people wanting to deal with it, this happened with the last house i tried to buy. I posted about that whole fiasco. Im learning more as I go though. [/QUOTE]
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