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re: Tax Title Sales?
Posted on 2/11/15 at 1:04 pm to secondandshort
Posted on 2/11/15 at 1:04 pm to secondandshort
Basically, the only way any title insurance company will insure the sale is if there was actual notice to the record title owner.
As for the absolute nullity question, if there is any doubt as to whether the record title owner received notice, he can nullify the sale as a due process violation under the US Constitution because it constitutes a government taking without due process. 10 years acquisitive prescription might cure this as you'd be possessing with title.
to the OP -- if it's in a good neighborhood and you can't find the owner, wait till the very last second and bid on the property on civicsource.
Not intended to create legal representation/relationship here, etc.
As for the absolute nullity question, if there is any doubt as to whether the record title owner received notice, he can nullify the sale as a due process violation under the US Constitution because it constitutes a government taking without due process. 10 years acquisitive prescription might cure this as you'd be possessing with title.
to the OP -- if it's in a good neighborhood and you can't find the owner, wait till the very last second and bid on the property on civicsource.
Not intended to create legal representation/relationship here, etc.
Posted on 2/12/15 at 7:26 am to Rev1897
quote:
to the OP -- if it's in a good neighborhood and you can't find the owner, wait till the very last second and bid on the property on civicsource.
thats about what i was planning. and it sounds like the biggest down side would be not wanting to build anything on it without getting some real solid assurances that all the ducks are in a row. in the meantime, im happy just having a full lot of extra yard space.
i think im correct in saying as long as i dont go tossing an addition on my house the day the title is granted (or similarly aggressive and uninformed moves), that the absolute worst case scenarios are i either get my cash back from the previous owners, or i end up stuck selling an empty lot for cash later.
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