Updated over 4 years ago on . Most recent reply
Closing Process on Pre-Foreclosure Property
Hello! If an investor and an heir to a property come to an agreement on said property before it goes to sheriff sale (due to unpaid mortgage), how would closing work? Would a closing company still complete a title search? Would title insurance be possible given the current status of the property? I'm particularly interested in learning how closing for this situation would work in Pennsylvania, but would appreciate any feedback.