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Updated about 6 years ago on . Most recent reply

User Stats

9
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0
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Kelei X.
  • Investor
  • Mountain View, CA
0
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9
Posts

Buying property from an owner going through bankruptcy

Kelei X.
  • Investor
  • Mountain View, CA
Posted

Does anyone have any experience buying a property from an owner that's undergoing bankruptcy? I'm planning on getting a title search and title insurance, but my concern is that there could be liens slapped on the property after closing (which are not covered by title insurance). Is that something that's possible? How have people protected themselves from unknown judgements and liens when buying in this situation?

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