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Author Topic: Why do these things happen to me  (Read 61856 times)

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Dave2

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Re: Why do these things happen to me - Compare this with the US
« Reply #15 on: October 22, 2011, 01:19:39 PM »
Quote from: 26.2 on October 21, 2011, 01:02:20 AM
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It looks like the local land register agrees with my lawyer and will remove the problem from title

Congrats Dave.  Another one done.

One of the big advantages always with a tax sale is you do have clean title except for a few spelled out exceptions.  I also had a sherrifs certicate that everything was all clear, so fundamentally my
case was strong.

My fault was not ensuring title was cleaned up because I assumed with land titles conversion that happened between buy and sell that that process would clean up old garbage. 

Wrong and l not make that mistake again as it screws up the sell process.

Contrast this situation with that in the United States where as a result of some recent court decisions, we have a first class mess in land titles.  I just ain't buying foreclosure or tax deed sales in the US until they can prove to me I have clear title. title insurance doesn't cut it, the insurer does not have enough capital to cover a small percentage of the defaults.  This URL sums it up.

http://mandelman.ml-implode.com/2011/10/from-bevilacqua-to-fontenot-it%E2%80%99s-coast-to-coast-confusion/
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