Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Foreclosures
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 7 years ago on . Most recent reply

User Stats

26
Posts
6
Votes
Tamara Jefferson
  • Orlando, FL
6
Votes |
26
Posts

Voluntary dismissal of Lis Pendens without prejudice

Tamara Jefferson
  • Orlando, FL
Posted

I'm not sure if anyone could be of help with this but I'm shooting my shot! Here it goes.. my grandmother passed in 2003 and left my mother and her three sisters a small house. They ended up taking out money to to fix up the property and to rent it out. To make a long story short the renters where horrible and no one was taking full responsibility of paying the refi. Bank of New York Mellon filed for foreclosure back in 2009!  The voluntary notice of dismissal came in January 2011 and there has been no movement since. My question is is there a possibility for me to assume ownership of this property? I believe the bank has shady paperwork and therefore cannot move forward.. its been 7 years.

Most Popular Reply

User Stats

23,418
Posts
13,509
Votes
Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
13,509
Votes |
23,418
Posts
Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

The timeline really means nothing as far as the legal ability to close. The idea of “shady paperwork” is usually just a delusion promoted by some.
Someone with legal control over the property /estate needs to reach out to the bank if you want to explore the possibility of a discounted pay off.

Loading replies...