I am curious if anyone knew how banks sell the houses they repossess?
Is there anyway of knowing if the house you are buying has been repossessed and sold by a bank?
Is this something that a real estate agent would need to disclose?
Are there any extra legal/conveyancing issues that would need to be considered?
Has anyone bought such a house or has anyone heard of previous tenants that have caused any grief to the new owners?
Cheers
Smouch
Is there anyway of knowing if the house you are buying has been repossessed and sold by a bank?
Is this something that a real estate agent would need to disclose?
Are there any extra legal/conveyancing issues that would need to be considered?
Has anyone bought such a house or has anyone heard of previous tenants that have caused any grief to the new owners?
Cheers
Smouch