Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Foreclosures
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 10 years ago on . Most recent reply

User Stats

24
Posts
4
Votes
Senta J.
  • Investor
  • Columbia, MD
4
Votes |
24
Posts

Title Issues with a Foreclosure Purchase from an Auction

Senta J.
  • Investor
  • Columbia, MD
Posted

I am a newish member to BP. I have a little problem and was hoping someone can point me in the right direction. I am in the process of buying my first flip. I won an auction, had a closing date set for this week and now they're saying there is a problem with the title recording with the county (Baltimore City) and closing will be delayed.  

There is a clause in the contract that basically says they can sell us the property with title issues. Is there a way for me to find out what's going on with the title? The title company is not communicating much. It's my understanding they actually work for the seller, right? We're not sure what to do at this point. Is this something not to go through with the deal over? 

Any help would be greatly appreciated!!

  • Senta J.
  • Most Popular Reply

    User Stats

    43,080
    Posts
    63,608
    Votes
    Jay Hinrichs
    #1 All Forums Contributor
    • Lender
    • Lake Oswego OR Summerlin, NV
    63,608
    Votes |
    43,080
    Posts
    Jay Hinrichs
    #1 All Forums Contributor
    • Lender
    • Lake Oswego OR Summerlin, NV
    Replied

    @Senta J.

      something is not right with what your saying most if not all contracts have a clause that the selling must be able to pass marketable title.

    Steve gives good advice get your own title report

    business profile image
    JLH Capital Partners

    Loading replies...