An opportunity to own a luxury Condo for a minimal price. You will own it with a Quit Claim Deed and be 100% Legal owner. There is a 1st mortgage of 50k from previous owner's and a 2nd mortgage from 2005, seems there is an issue and the 2nd bank hasn't taken any actions. I bought condo at an association foreclosure 11-28-17 and received a certificate of Title from the courts. The bank has not paid properties taxes in order to protect their mortgage last 10 yrs after being assigned to HUD. I paid all taxes two times, in order to not lose Condo at the Tax Deed Foreclosure. Original 2nd mortgage from 2005 was for 420k, and they would accept 390k. But I would not pay this off, we are ahead of the 2nd. Not your typical sale, but I guarantee it is all legal. Pets allowed but no rentals, owner and his family only.
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