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Updated about 10 years ago on . Most recent reply

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17
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1
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Joe Johnson
  • Investor
  • Dallas, TX
1
Votes |
17
Posts

Warranty on Foundation work but home was bought at an auction

Joe Johnson
  • Investor
  • Dallas, TX
Posted

I am trying to close on a home that has foundation issues. You can tell the home was repair but now there is issues again. The home was bought at an auction. I called the foundation company and they stated it was a life time warranty on the home but the owner has to transfer the warranty. Is there a process to get the  warranty transferred since the home was auctioned off? The old owner abandoned the home.

Most Popular Reply

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971
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445
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Colin Smith
  • Realtor
  • Colorado Springs, CO
445
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971
Posts
Colin Smith
  • Realtor
  • Colorado Springs, CO
Replied

Usually if the home is foreclosed on and goes through auction everything restarts. No more liens on the property but also no more warranties. Sorry!

  • Colin Smith

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