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Updated over 6 years ago,

User Stats

51
Posts
3
Votes
Lucky B.
  • Investor
  • Clermont, FL
3
Votes |
51
Posts

reassignment after judgement

Lucky B.
  • Investor
  • Clermont, FL
Posted

hello, can someone tell me if i should be concerned when a mortgage is assigned after a judgement is obtained and the auction date is set.  i am buying from the sheriff foreclosure sale. i am doing a title search, and i see the following ; judgement obtained by chase bank on 1/26/2018, and it was later assigned from Chase to VRTG ASSET TRUST on 9/21/18. 

Now the auction date is 10/12/2018. if i bid and win this auction, can VRTH foreclose on me.  Chase is the only mortgage ever on the house, but i need to be cautious about assignments . please advise if i have anything to worry about. i believe it will be ok, since i am really buying the original mortgage note,but i need to be sure about what this recently assignment can VRTH can mean for me.  

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