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Real estate foreclosures
Questions:
Am I responsible for any liens that were on a foreclosed property previously I had purchased it? I hold the policy of title insurance.
Your title insurance provides you with clear title to the property. You cannot get clear title without contained by some way dealing near all existing liens. When you purchased the property, you extraordinarily likely compensated off adjectives of the liens. If there are still liens against the property that be there since you purchased the property, then you do not enjoy clear title. If you have evidence of any existing liens, after take them to the title company that provided you next to title insurance.
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example Sold woman a reo home in Feb of this year have back taxes for 02, 03, 04 due 04 be paid at closing title company mistake presently assessor wants 02 and 03 or will due foreclose title insurance company just salaried the assessor they are your insurance that ALL title is clear up to the contract phase then brand sure you get a tear for the remainder
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