Thursday, October 7, 2010

Nice Teaching Case: Home Sold Twice

Ben Davis sent this link out to the contracts professors list serve. The case involves a home sold twice . . . apparently by mistake: once as a short sale and then at foreclosure days later. The new owners, thankfully, recorded their deed and bought title insurance, but it has been quite a headache for them. The lender, not surprisingly, is claiming no wrong-doing in the matter.
I am getting ready to start methods of avoidance in the next couple of weeks and will be sure to mention this one to the class.


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