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Real Estate & Property Law

: The Home Equity Theft Reporter

"Secret Lien" On Farm Purchase Ruins Buyers' Retirement Plans

By r morris

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In Dixie County, Florida, The Gainseville Sun reports the story of how the purchase of a 70-acre farm that, unbeknownst to the buyer, contained a "secret lien"(1) that was owed by the seller and that was missed by the company doing the title search, screwed up the retirement plans of the unwitting purchasers. The secret lien, coupled with the buyers' lack of understanding that their title

Full post as published by The Home Equity Theft Reporter on June 12, 2009 (boomark / email).

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