What if You Buy a Foreclosed Home?

The RGJ published this AP article about the perils of buying foreclosed homes.

It is another perfect example of what the AP does best, spreading fear and alarm.  It contains little substance.

But now thousands of foreclosures around the country might be invalid because of bank paperwork problems. Should you worry?

It includes a call to action.

They should call the attorney that did their closing and say, ‘Hey, do I have a problem?'”

Real estate closings in Nevada and in most other states in the west are rarely done by attorneys.

Read it if you must.

About rereno

Real estate investor
This entry was posted in Foreclosure, Media, Real Estate, Uncategorized and tagged , . Bookmark the permalink.

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