James Sandman
Registered User
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I am looking at a repossessed house that is soon up for auction by the bank that lent money for it.
I asked a friend to make some enquiries on my behalf and the following has been discovered:
That the property tax and other bills were never paid. There is a JM registered against the previous owner.
Does the bank who is now in possession have to sort out the above issues prior to auction? If I win the auction will I suddenly become liable for all the above outstanding items?
Thanks in advance.
I asked a friend to make some enquiries on my behalf and the following has been discovered:
That the property tax and other bills were never paid. There is a JM registered against the previous owner.
Does the bank who is now in possession have to sort out the above issues prior to auction? If I win the auction will I suddenly become liable for all the above outstanding items?
Thanks in advance.
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