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Updated over 6 years ago,

User Stats

6
Posts
1
Votes
Jason Terrell
1
Votes |
6
Posts

Help please! I'm buying foreclosure with no access to property!

Jason Terrell
Posted

Hello, its my first post here and need some advice from you amazing experts! I just won the bid at a foreclosure auction and submitted my $5,000 deposit and signed the foreclosure sale agreement and we are closing in 30 days. The issue is the bank (Chase) and their attorney has expressly forbidden me from accessing the property (It's locked up even if I wanted to) until deed is transferred. The big issue is i'm financing and need access to the property for appraisal, title V inspection for septic system and smoke detector inspection. Even if I was paying cash would still need the smoke detector inspection as it's state law to have them inspected BEFORE the sale. I don't care about home inspection, I'm willing to take my chances as I know the house well and the area well.  How am I supposed to do any of this required stuff without access to the property?? Extremely frustrated and in need of some advice..someone must have experienced this before and has a solution? Thank you.

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