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Updated over 14 years ago on . Most recent reply

User Stats

297
Posts
5
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Travis Elliott
  • Real Estate Investor
  • Cebu, Philippines
5
Votes |
297
Posts

I NEED SOME QUICK HELP PLEASE.

Travis Elliott
  • Real Estate Investor
  • Cebu, Philippines
Posted

Ok here is the deal. I have been looking at my first tax sale deals. I got a list from the courthouse and started looking at the houses over the last couple of weeks. I came upon one house and it turned out that I know the owner. She holds title to the house because her son signed it over to her a year back for a dollar. The thing is her son still has a loan with a bank on that house. But the courthouse told me that when a home comes up for tax sale that they are loan free. She said that the guy from the bank who had her son sign the home over to the her was underhanded and it doesn't seam correct..

So what do you think about all of this. The courthouse said it is free and clear but she is saying the her son still has a loan. If this deal is workable I need to move fast as the tax sale is coming up this month.

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