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Updated almost 6 years ago on . Most recent reply

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Khanh Tran
  • Pearland, TX
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Received a law suit after buying foreclosed property

Khanh Tran
  • Pearland, TX
Posted

Hi,

We have bought a property from the foreclosure sale couple months ago. After the previous owner received our vacate notice, she hired an attorney to sue us, trustee and the bank. We have talked to trustee but they didn't aware of the lawsuit. They said their lawyer would give us a call but they didn't contact us so far. We talked to the previous owner's lawyer, and he said there are 3 reasons for the lawsuit:

1) The previous owner lives on a different property, and the bank/trustee didn't send the notice to her address.

2) She paid the loan off in 2016.

3) She is not required for escrow account but bank charged her one.

What should we do in this situation? Should we hire our own attorney to represent this case? or should we depend on the bank's attorney. 

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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
30,321
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
ModeratorReplied

File a title insurance claim.

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District Invest Group
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