Foreclosure Tittle Insurance

[Marko Zavala]

Hi all, To make a long story short, I found a triplex property on Craigslist that needs a total rehab. I made an offer but I’m not sure if I should move on to the next step based on the reply I got. This is part of what he/she (no name on emails) stated on the reply to my offer “ Also we can't give title insurance for 2 years because the tax foreclosure just passed when it was bought. No other issues we can close. Atty is ready” Any thoughts? Thanks

[Wayne Brooks]

We don’t know what state you’re in, but that is the likely time period for someone to challenge the sale. You’d need to be buying at a decent discount, And verify the proper process/notices were done.