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Updated over 6 years ago on . Most recent reply
Buying a Previously foreclosed/Redeemed Property
What are my risks of buying a property which was sold at a foreclosure auction to one party (who may have made immediate improvements) and then the property was taken by a party which had purchased/exercised redemption rights. That party quickly put the property up for sale. Will I be likely to face lawsuits and liens related to the work done by the auction buyer and his contractors (the lien period won't close for a few months.) Should I look for other properties?