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Updated almost 5 years ago, 12/30/2019

Juan Abreu's profile image
Juan Abreu's profile image
Juan Abreu
  • from Houston, TX
  • Member since Nov 12, 2019
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User Stats

21
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4
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Juan Abreu's profile image
Juan Abreu's profile image
Juan Abreu
  • from Houston, TX
  • Member since Nov 12, 2019
Connect
Juan Abreu
  • Houston, TX
4
Votes |
21
Posts
Buying & Selling Real Estate

Adverse Possession Affidavit?

Juan Abreu
  • Houston, TX
Posted

Hi everyone!

I'm trying to bid on this foreclosed house on Xome.com but they have a clause that says "Buyer will need to agree to signing a Hold Harmless. Buyer agreeing to leaving as an exception on title. Adverse Possession Affidavit - 3rd party claiming ownership of asset".

Does anyone know exactly what it means? and how risky this is?

Thank you,

Juan

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