I am interested in purchasing a foreclosed home, but just wandering if there is anything that could be done to the previous owner who may have trashed the property before leaving due to foreclosure?
2007-08-28 04:11:41 · 7 answers · asked by southernmdguy526 1 in Business & Finance ➔ Renting & Real Estate
They could be charged with Felony Damage.
Problem is "proving it"
No police department in the country would file charges unless the person was:
1. Caught in the act (highly unlikely)
2. Had a witness that would testify (again unlikely)
Hope this helps!
Terry
http://www.Welcome2Arizona.com
2007-08-28 11:55:42 · answer #1 · answered by Terry S 5 · 0⤊ 0⤋
When you purchase the home from the bank, the former owner is no longer part of the transaction.
Your offer and purchase price should reflect the condition of the home.
2007-08-28 04:53:19 · answer #2 · answered by Mountain Top 4 · 0⤊ 0⤋
Make sure you put in writing that when you take possession of the house it will be clean and in move in condition. This will make the bank responsible for any mess the previous residents leave. Make sure your lawyer and agent have prepared the contract properly.
2007-08-28 04:18:18 · answer #3 · answered by CC 6 · 0⤊ 0⤋
Maybe if the bank wanted to fool with pursuing it, they rarely do, but you are purchasing a foreclosure as is so you would have no recourse.
2007-08-28 04:17:21 · answer #4 · answered by Anonymous · 1⤊ 0⤋
it was his home until he was foreclosed he could do what ever he wanted to do to it, the bank doesn't come into your house and tell you clean it up do they.
2007-08-28 05:25:03 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Anyone can sue anyone else , it is the USA . . .
BUT , if they couldn't pay for their own home ,
What are your chances of collecting a judgment ?
Reality , what you see is what you get and
Getting anything out of the previous would be
'blood from a turnip' !
>
2007-08-28 04:22:07 · answer #6 · answered by kate 7 · 0⤊ 0⤋
If the person had anything, he/she probably wouldn't have foreclosed. Are you thinking Jail?
2007-08-28 04:18:58 · answer #7 · answered by ? 4 · 0⤊ 0⤋