That's why you buy title insurance. And the fact that a foreclosure is invalidated doesn't guarantee that the current owner will lose the property to the original owner. The former owner, no longer in possession of the property, now has to prove they have a valid ownership claim. Just because their foreclosure was invalidated doesn't automatically give them ownership of the property, let alone possession.
Don't blame the courts for this mess. The mortgage industry deliberately short-cut the mortgage and foreclosure processes in order to maximize their profits and minimize their losses. Now they have to pay the piper. Again.
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Today's Featured Article - Restoration Story: 1941 John Deere B Row Crop - by Anthony West (UK). The 1960's promise of white hot technology, to relieve us of the drudgery of everyday work and to replace it with increased leisure time has not materialised just yet....if anything most people are caught up in an ever increasing rat race, wishing that there was at least 36hours in a day!!!. The need for people to escape for periods of relaxation in an increasingly complex and pressured environment takes us into the realm of hobbies. For some it's scaling high mountains for others it's putting p
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