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Updated about 6 years ago on . Most recent reply

Cindy McPhee's profile image
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Cindy McPhee
  • Rental Property Investor
  • from Rocklin, CA
  • Member since Feb 16, 2018

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Cindy McPhee
  • Rental Property Investor
  • from Rocklin, CA
  • Member since Feb 16, 2018
Cindy McPhee
  • Rental Property Investor
  • Rocklin, CA
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Innovative Strategies

Can you sell your property with a les pended

Cindy McPhee
  • Rental Property Investor
  • Rocklin, CA
Posted

Can you sell you investment property with a les Pendes .?

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Jay Hinrichs
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Replied
Originally posted by @Account Closed:

Generally no.  I encountered 2 lis pendens properties this past year. The first I won on auction.com and it was cancelled due to the lis pendens. The second my clients went into a property and there was a lis pendens  and again we had to cancel . There is a way I heard to do it but it involves putting up 1.5x the amount of damages named in the lis pendens motion in order to get title insurance ,but I am not sure if its viable. @Cindy McPhee

you can close but your not going to get title insurance without the title company making that an exception and not insuring it. 

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