How costly, complicated, and time consuming is forclosure in PA?
I have a vacant land property that I have been trying to get rid of for 6 months and I need to sell now so I'm weighing my options.
I can either sell at a loss for cash or finance it to someone for a potential profit so I am wondering what costs would be involved in the event of a default on this property. If they defaulted is it a certainty that I would get the property back or is it a maybe?
The property is flood zone and apparently has limited uses so that is why I would be worried about a default.