buying an REO

[Yechiel Abekassis]

Hi BP,

I'm looking at property for sale by the Bank ,They took Title a year ago .I know the previous owner had liens on the property .If i buy it from the bank do i get it clean ?

Property in Florida.

Thanks,

YA

[Hattie Dizmond]

It is likely that the bank had to pay off any other liens in order to get a clear title they could then sell.  However, that's why you have a title company and why you have title insurance.