You can search the registry of deeds for foreclosure information if you know how and have the time.
I would contact a local real estate professional to save time and money.
(Please note: when you choose an answer as a Best Answer, or at least give a thumbs up, it helps those who answer questions here.)... more
If you haven't found anything yet, I may be able to help you. There are some houses in Somerset and Swansea that may be available.
Please feel free to contact me if you are still interested.... more
If you dont know the market and or dont have a buyers agent, you should not be buying any property, foreclosure or not.
If you know the market, know the work it needs and feel it worth what you are willing to pay go for it.
I Love the buyers who offer low don't get it and would of paid more. I also love the buyers who put in a high offer it gets accepted and then get cold feet and back out. Do you see a pattern here, its called human nature. You want what you can't have and when you can have it, you don't want it.... more
Kevin is right on target. All the liens SHOULD be removed during the foreclosure process but sometimes errors or omissions are made. The same is true for the title itself. Something as simple as someone putting the wrong date on a document can add a flaw to the title. That happened on a house I recently bought and, although it should have been a simple fix, it held the closing up for several months. All the more reason why you need to be represented by an attorney. Banks and mortgage companies require that you buy title insurance for you to obtain a mortgage. This is normally part of the standard closing process.
Bob Caron... more