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Updated over 7 years ago on . Most recent reply

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Curtis Barnett
  • Pittsburgh, PA
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I hold title before the bank filing of the lis pendes

Curtis Barnett
  • Pittsburgh, PA
Posted

hi i need somehelp  understanding. I purchased an hoa forclousure at public auction and the bank was not mentiond in the lispendens.. i now hold title from that sale.   Several month afterwards the bank forclosed on the mortgage for the same house i bought at auction a few month earlier. however i was not mentiond in the lis pendens for that sale and i had no idea the house went to forclousure again until now that it has sold someone came to my door claiming that they bought it. . I have been living in the home since i purchased it. Now that it has sold at auction again i researched it. Do i still own it. Do i still remain on title or what. If anyone understands what i should do tell me. 

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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
13,508
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

You certainly are going to/have lost the house. I believe they probably would have had to name you in addition to the previous owner, but maybe not. At most, they would have to amend or refile the foreclosure. If so, you'd have to still pay off the mtg or lose the house.
Are you sure they filed the LP after your purchase? It generally takes a year or so to foreclose as a bank in FL.

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