Posted by Bill H on August 27, 2005 at 09:40:33:
So, there’s no other way to get this prop other then bidding on it? I assume that the hospital will bid on it too, to protect their interest.
Never assume anything!..Yes, you can buy the property subject to, you can lease option it, you can pay cash for it, bid on it at the tax sale…lots of ways to procure the property.
You initially said “I will get the deed and NOT record it” that intimates that you hold the deed and it has been delivered…if so you own it.
Proper way would be to tie it up with at PA as you say, do your due diligence, if all is ok and you are satisifed, then have the deed notarized and placed into escrow and close the deal.
If you find something try, in your short time frame, to resolve it. If you can fine, if not you have the choice of accepting the property as is and solving the problem after you own it or passing.
If all else fails, go to the tax sale, determine a price you can pay and still make $$$ and bid for it.
Otherwise pass, get some more education and try again. You should do something on your own. This forum is not to educate but to assist.