Messages

1

Questions and Answers / Re: just purchased a property and I have ????

« on: September 22, 2006, 05:12:23 PM »

I went over to the court house again today.  When I do a deed search it shows a mortgage of $7500.  But when I do a search for leins against the property there is nothing against it.  How is that possible?

2

Questions and Answers / just purchased a property and I have ????

« on: September 21, 2006, 10:02:57 PM »

I purchased a property at a local tax sale recently.  I did my research but somehow I missed a 7000 mortgage on it.  The mortgage company said they would probably foreclose on it to get there money.  Would that be a forclosure on me or on the previous owner?    And another person I talked to from the mortgage company said they will redeem the taxes before the property is transfered to protect their intrests.   Any one have any experience with this?  The state is Pa.