Hello Friends,
I need some help understand few things. I've recently purchased foreclosure property at court house in one of the PA county near Philly suburbs close to King of Prussia.
I went to the property 2 times prior to auction day and it was vacant. It looked like the property was seized and taken (also in description when it got listed at sheriff sale) and had maintenance company's information posted at front door.
I did some research and i found out that owner purchased it in 2014 and had it on rent in 2014 ... Called HOA and they told me that no one lives there and they are also trying to contact owner from last 3-4 months since it had $8000 due from HOA.... So to me it seems like owner had it rented in 2014, he's no where to be found...property has been seized and taken from bank maintenance company.
I called the bank after purchasing the property and they said since i'm not the owner they can't give me a code to open the property and said 3rd party purchaser are responsible to taking possession on their own.
I called my lawyer and he said I should go ahead and get the locks changed. You don't need to wait for deed to get recorded. Initially I only paid 10%.. but next day I paid full amount, got receipt from sheriff and some paper with stamp on it that says record of sale/interest....
To me it seems like this is all clear even at this point deed has not been recorded, I told bank that I paid all the money to sheriff and they'll send the money to bank shortly...
Is this all clear now for me to take possession ?
