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Updated almost 7 years ago, 02/07/2018
Real Estate Attorney Advice Welcome - Tax Sale/Tax Deed Purchase
Hi BP,
Advice Needed
I Bid and won on a property from New York State Online Tax Auction. Downpayment was accepted by county. 5 Months later I was notified of litigation on the property between prior owner & county, of which delayed the deed transfer. Note: entire balance was not collected by county only downpayment.
Unfortunately, County treasurer now updated me on the property which resulted in a court order to return the auctioned property back to original owner.
What is you opinion about this?
Real Estate Attorney advice welcomed or Experienced individuals alike.
Thank you,