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Updated almost 15 years ago on . Most recent reply

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Mary R.
  • Investor
  • Tucson, AZ
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171
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Clear Title

Mary R.
  • Investor
  • Tucson, AZ
Posted

Have you ever bought property on the courthouse steps and found either "fees, charages, and expenses of the Trustee" and or that you could not get a clear title to the property?

MRead

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Jon Holdman
  • Rental Property Investor
  • Mercer Island, WA
14,128
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Jon Holdman
  • Rental Property Investor
  • Mercer Island, WA
ModeratorReplied

You must know your state's foreclosure process. You must either know how to check title or (better) a title company that can run title quickly. In a worst case, you could buy a property but have only foreclosed on a second mortgage.

Yes, you can absolutely end up with a property with other liens.

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