one thing I need to point out, is sheriff deed is not warranty deed, thus it is not a clear title.
a sheriff's deed only give the purchaser the legal right to the property, but it does not guarantee that it conveys any title. It only conveys whatever interest the debtor may own in the property, thus it does not guarantee a clean marketable title either.
You would need to check your state laws to determine what title is conveyed by a sheriff's deed, mostly you can go thru a title company with title search for any outstanding lien, then back it with title insurance.
http://blog.wenxuecity.com/blogview.php?date=200905&postID=32381
see also. http://answers.yahoo.com/question/index?qid=20090616180226AAhuqUg
支持支持! one thing I need to point out, is sheriff deed is not
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谢谢jy101的捧场。你的专业知识也很丰富。sheriff deed
-如山-
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06/21/2009 postreply
11:02:50
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the deed from judicial foreclosure sale is a sheriff deed.
-jy101-
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06/21/2009 postreply
11:10:14
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我对judicial foreclosure sale不熟悉。谢谢你的资料
-如山-
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06/21/2009 postreply
11:29:14
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谢谢 jy101和如山,堪称照耀财坛的双子星。
-槑-
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06/21/2009 postreply
15:15:39
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支持!槑的贡献也不小
-万枫-
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06/21/2009 postreply
16:56:09
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还要谢万枫兄在茶坛的力顶。不然我可能已被人家扫地出门:-P
-如山-
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06/21/2009 postreply
20:01:29
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还是你如山兄的文章厉害,不干小弟啥事。你的房地产投资系列我将慢慢研读
-万枫-
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06/22/2009 postreply
10:13:28
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谢谢槑。jy101兄的理论与实践知识都很强。不然他也不会有
-如山-
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06/21/2009 postreply
19:58:48