I want to Buy Bank Sealed Property. Is their any Risk to Buy? Or what type of Risk their to Buy This Property?



I want to Buy Bank Sealed Property. Is their any Risk to Buy? Or what type of Risk their to Buy This Property? If you have any type of Idea Please tell me?

I want to Buy Bank Sealed Property. Is their any Risk to Buy? Or what type of Risk their to Buy This Property?
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One Reply to “I want to Buy Bank Sealed Property. Is their any Risk to Buy? Or what type of Risk their to Buy This Property?”

  1. If the legal title of property is clear and the vacant physical possession is given by the bank, the risk is very low or nil.

    But if there is any defect in title, bank will not clear it as they sell it as is where is position. Sometimes the bank might have been cheated by fraudulent document and they will auction it. In that case the original owner has every right to proceed against bank and auction purchaser for recovery of possession. Bank will not compensate you.





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