My daughters home was sold at a sheriffs sale in September, 2010. The person who forced the sale also ended up buying it and now owns it...He did not do his "due diligence" and after buying the house found out that there was a large mortgage on it that, by Oregon Law, he was responsible for as well as any and all liens and encumbrances associated with the property...He is refusing to put the house in his name and complete the sale. The house is now in foreclosure in my daughters name...she has told the mortgage co. she no longer owns the home and even sent in the paperwork to prove it and the mortgage co said she is still the owner on record and the person who bought it never put it in his name..The guy nor the guys atty has not responded to the mortgage co. Does she have any recourse????
@ Linkus...The guy wasn't aware of the large mortgage on the home even tho we told his atty, they didn't believe us but soon found out it was true......the buyer thought he would be able to make a "guick flip" and get a lot of money on the deal and when he found out he wasn't going to be able to, he is trying to walk away from it now..he went in and changed the locks but is now refusing to put the house in his name, but we have a paper stating that he owns it. So because he has not done the complete transfer, it is still listed as of today with the county recorder as belonging to my daughter and she has paperwork that he is the owner...the county recorder said they can't do anything unless he puts it in his name...of which he is refusing to do...Hense our question, does my daughter have any recourse against him now???
@ Linkus...The guy wasn't aware of the large mortgage on the home even tho we told his atty, they didn't believe us but soon found out it was true......the buyer thought he would be able to make a "guick flip" and get a lot of money on the deal and when he found out he wasn't going to be able to, he is trying to walk away from it now..he went in and changed the locks but is now refusing to put the house in his name, but we have a paper stating that he owns it. So because he has not done the complete transfer, it is still listed as of today with the county recorder as belonging to my daughter and she has paperwork that he is the owner...the county recorder said they can't do anything unless he puts it in his name...of which he is refusing to do...Hense our question, does my daughter have any recourse against him now???