This 3/1 house will be transferred by quit claim deed only. No title insurance. Net price to seller. Previous owner had a $43 first mtg for 30 years taken out in 1982. Mtg sold 5/6 times. The mtg balance should be around $8k bank claims $33k now $53. Bank dismissed law suit 2nd time in Jan 2013 as they could not find paper work which is now required under law to file to foreclose. Needs TLC. New roof in 2006. Use as rental income until you clear title in 2016. Experienced investors only. Drive by and look. Walk around. Utilities are off and will not be turner on. Buyer responsible for any code liens if any. Cash only. Zero inspections. Go do all your research first. This is a steel
