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 6 years ago on . Most recent reply

User Stats

17
Posts
7
Votes
Ardranae Byer
  • Rental Property Investor
  • New York, NY
7
Votes |
17
Posts

Tax Foreclosure Judgements

Ardranae Byer
  • Rental Property Investor
  • New York, NY
Posted
Hi, I have a property under contract with the seller. I am wholesaling it to another investor. The title search came up clean but has a small mortgage that will be satisfied by the seller at closing. While securing the property with a few boards a contractor shows up to do some electrical work. After a few minutes of probing we find out who sent him. We speak to the gentleman who tells us that he brought the tax lien on the property in 2015 and then foreclosured on that unpaid debt back in August of last year. He emailed us the judgement claiming what he told us. Here is the deal, no judgement was found on this property during the search. The title has not been transferred into this investors company name and it’s been over a year. According to the city, they deed is still in the original owners name claiming that he is still the owner of the property. Our buyer sent the judgement to his attorney and the attorney advised him that he can move forward with the purchase because the judgement has not be filed with the city nor has title been transferred. Any idea how to proceed?

Loading replies...