| Mortgage Forclosure The forum for everything related to Mortgage Forclosure |
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Yes. And usually if the house is being foreclosed the new buyers will need to assume that lien.... unless is it cleary stated in the P&S that the bank must deliever a clean title. I just dealt with this on a transaction and because the realtor didnt put that verbage in the P&S it cost my client 8k in liens (im the mortgage broker). Good luck!!
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