Posted on: 29th May, 2010 01:26 pm
The corporate owner of a house I would like to buy bought the house at a foreclosure auction. They would now like to convey to me, a Special Warranty Deed. If there are liens, unpaid HOA assessments and/or back taxes that were filed against the previous owners, who would be responsible for paying these things? Would a Special Warranty Deed give them the right to pass these issues on to me?
Welcome ana,
You will have to contact the county recorder's office and check out whether or not there is any lien on the property. If there is a lien on the property and you become the owner of it, then you will become responsible for paying it off.
You will have to contact the county recorder's office and check out whether or not there is any lien on the property. If there is a lien on the property and you become the owner of it, then you will become responsible for paying it off.