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    housefree's Avatar
    housefree Posts: 2, Reputation: 1
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    #1

    Apr 6, 2009, 06:46 AM
    Foreclosure house sold . Second bank lien and title company failed to see it
    My house was a foreclosure and it was bought after it was a bank sale. There is a second bank loan on it. The first loan paid off but title company failed to find the second on. Who is responible for the second. Been told it was suppose to be taken care of before the house was sold off...
    twinkiedooter's Avatar
    twinkiedooter Posts: 12,172, Reputation: 1054
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    #2

    Apr 6, 2009, 11:27 AM

    Did you purchase title insurance for this transaction?
    housefree's Avatar
    housefree Posts: 2, Reputation: 1
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    #3

    Apr 6, 2009, 12:41 PM
    The house was mine and I lost it in a foreclosure. The house was sold and the frist bank paid off but second bank loan wasn't caught in the title search.. and yes when I had the house I did have title insurance. How can someone by the house when there is a lien on it?
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