VA Foreclosure Properties
November 7th, 2009
VA Foreclosure Properties
Question: I bought a VA Foreclosure but the title wasn't transferred, what can I do?
Purchased a VA Foreclosure as investment property and financed it (VA Vendee) through CountryWide mortgage. Five years later when applying for a home equity loan was informed that the tite was never transferred to my name. Why could CountryWide give me a mortgage knowing the title wasn't transferred to my name? Can I get the title transferred in my name now?
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Answer: sounds like you have a contract for deed, Something here you are not aware of. I did that on a foreclosure from a bank once, and when it was paid off they then gave me a clean title. I made a fortune on that property, and still own it. Gives me almost $6500 a month income, with about $1000 a month in taxes...
Virginia Foreclosure Homes - VA
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Posted in VA Foreclosures | 
Tags: Foreclosure, Foreclosure Properties, Foreclosures, homes, realestate, Reo, Va Foreclosure
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