Can a Foreclosure Sale Be Rescinded?

[Khanh Tran]

Hi,

I bought a property at the foreclosure sale in Texas. The deed has been recorded and the sale had happened more than 15 days. However, i received a letter from previous owner's attorney to demand for rescind the foreclosure sale. Can a foreclosure be rescind? Is this possible?

Thanks 

[Guy Gimenez]

The attorney is absolutely bluffing...he knows he would have to go to court to get the foreclosure rescinded but by bullying you he's hoping to avoid the cost. He also knows he may not be successful in court but if you voluntarily convey the property back to the prior owner, he won't have to test his theory in court.