When a list pendence has been served on a property(meaning litigation pending) and the property is bank owned now....will this list pendence hold good even now?
any info is appreciated
we were in a contract to buy a house...on the last day of escrow the seller refuses to sign the escrow(our guess is he wants more money)....there is a lis pendens on that house now if he tries to sell that house behind our back....but now the bank has repo. his house...my question was if someone else opts to buy the house from them will they see that there is lis pendens on that house??we are hoping that bank would sell the house to us...
Quote:
On 2005-03-25 22:17, panicfilms wrote:
lis pendens is a notice to the public of a lawsuit and the parties involved. Relevance on this board is usually a pending foreclosure.
lis pendens is a notice to the public of a lawsuit and the parties involved. Relevance on this board is usually a pending foreclosure.
Could you clarify your question.
we were in a contract to buy a house...on the last day of escrow the seller refuses to sign the escrow(our guess is he wants more money)....there is a lis pendens on that house now if he tries to sell that house behind our back....but now the bank has repo. his house...my question was if someone else opts to buy the house from them will they see that there is lis pendens on that house??we are hoping that bank would sell the house to us...
Quote:
On 2005-03-25 22:17, panicfilms wrote:
lis pendens is a notice to the public of a lawsuit and the parties involved. Relevance on this board is usually a pending foreclosure.
Could you clarify your question.