Mike, If I remember this correctly, it happened 6 years ago, the property I purchased was foreclosed on by a bank. For the bank to get ownership of the property in Indiana, it had to go to a sheriff's sale. I was the only person at the sheriff's sale besides the lawyer representing the bank. I had previously talked to the lawyer representing the bank and to the title company before the sale to get all my ducks in a row. At the sale, I had to have a letter from my bank stating I could pay for my offer. I made an offer to at the sale and the lawyer excepted the offer. The offer stated he was to give a clear deed or title to property and pay all outstanding leans and expenses. The title company researched all leans and the title company issued me a title to the property. Later a lean came up and the title company had to pay that lean. I don't have a deed or abstract on the property, the title company issued me a title instead. I never used an attorney. The title company did all that work for me. I may have left something out, but to my best recollection, this is what happened.
I encourage everyone to check out title companies. I've used them more than once. Keep in mind an attorney can only give you his opinion. He will not pay for his mistakes like a title company will. So much for attorneys. George
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Today's Featured Article - Storing Your Tractor - by Staff. If your tractor is going to be stored for any length of time, a few precautionary measures are helpful in preserving various parts, also in avoiding future difficulty. Store tractor under cover. If impossible to place tractor under cover, be sure to cover air stack and exhaust pipe. Drain radiator and engine block. To avoid gum content collections, drain both fuel tanks and carburetor. Leave radiator and fuel caps slightly loose to protect gaskets. Block tractor up to remove weight from tires and to keep tires from contact with moist floor.
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