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Updated over 5 years ago on . Most recent reply
Can you sell your property with a les pended
Can you sell you investment property with a les Pendes .?
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Jay Hinrichs
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Jay Hinrichs
#1 All Forums Contributor
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#1 All Forums Contributor
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- Lake Oswego OR Summerlin, NV
Originally posted by @Account Closed:
Generally no. I encountered 2 lis pendens properties this past year. The first I won on auction.com and it was cancelled due to the lis pendens. The second my clients went into a property and there was a lis pendens and again we had to cancel . There is a way I heard to do it but it involves putting up 1.5x the amount of damages named in the lis pendens motion in order to get title insurance ,but I am not sure if its viable. @Cindy McPhee
you can close but your not going to get title insurance without the title company making that an exception and not insuring it.
- Jay Hinrichs
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