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Bail bondsmen lien

Posted by Rudy on July 21, 2003 at 12:20 AM

An owner tells me a $50,000 lien was just placed on their house. When they show up for their court date, they will only be out 10% ($5,000).

Anyway, because of various personal problems and attorney fees they will have, they want out of the house.
My questions...
1.if I were to take over their loan "subject to", what potential difficulties am I in for with respect to getting clear title when I sell it in a few months?
2.Would a notarized power of attorney help me out should they become incarcerated?
3. Other than getting a new loan, is this too complicated and/or scary a proposition?



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