Do I need a lawyer to close on purchase from county tax auction?

Do I need a lawyer to close on purchase from county tax auction?

Buffalo, NY · Member since 2017 · 9 posts · 2 votes

I bought a property at the recent county auction and closing is coming up. Is there any reason to get a lawyer for the closing? At the county workshop they stated about 50% of people bring lawyers to close.

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  • Developer · Ottawa, Ontario · Member since 2014 · 212 posts · 169 votes
    7y

    Even with a county auction, there are some risks. You need to perform your due diligence. Some properties could have IRS liens, water liens, or a right of redemption if the original owner didn't receive proper notice. A good lawyer can burn through the due diligence quickly, although they don't hold a monopoly on the due diligence.

  • Investor · boston, MA · Member since 2018 · 42 posts · 15 votes
    6y

    Hey Robert,

    Out of topic of your initial question, but can you share additional details on the country auction?


    Thanks

  • Buffalo, NY · Member since 2017 · 9 posts · 2 votes
    6y

    It was the Erie county auction: https://www2.erie.gov/ecrpts/index.php?q=auction-foreclosure-information

    word of caution, it took several trips to court and nearly 6 months to evict the former owner.

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