Brother sold his house and moved to our town and should be closing on the new house in 2 days. Just found out that the seller is extremely delinquent on their mortgage and being foreclosed on and has no legal right to sell the house.
SD - The title says it all. This dude is being foreclosed on by the bank and is trying to sell the house. My brother is currently living in a motel waiting for the closing on July 2nd and was just informed by the buying agent that the seller has no claim to sell the house.
The realtor called the bank and they said it will be sent to auction and that they have no interest in selling it private party.
How the fuck has none of this come up in the past 2 months? They just closed on selling their house in WY this morning, and now have nowhere to live. How did the title company, the selling agent, the banks involved, anyone not know about this until 36 hours prior to closing? Who is responsible? What can we do?
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source https://www.reddit.com/r/RealEstate/comments/hizl3r/brother_sold_his_house_and_moved_to_our_town_and/
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