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Buying a bank repossesed property

Posted: Sun Jul 9, 2017 3:58pm
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Location: La Marina

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Hi

I am interested in buying a property which is advertised as "bank property".If repossed what are the laws pertaining to the debts of the previous owner

Michael Naughton

Posted: Sun Jul 9, 2017 4:03pm

Ada

Helpful member

Posts: 421

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Location: Rojales

Joined: 4 Nov 2016

Posted: Sun Jul 9, 2017 4:03pm

Normaly the bank is responsible for all previous debt but make sure with  your solicitor I can reccomend a good one if needed and very resonable.

Good luck

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