arthur92710
Junior Member
What is the name of your state (only U.S. law)? New York
Hi, about 6 months ago we gave an offer on a house that was in short sale, and it was accepted. The previous owners had 2 mortgages with 2 banks. One bank approved soon and we have been waiting most of this time on the second. Also the previous owners moved out a few months before, now there is nobody living there. We thought this would be a quick sale, "short sale" so as soon as our offer was accepted we packed up at least 50% and have been living with boxes every where.
We have recently found out that the second bank might not approve, so can we move in and claim adverse possession. We were willing to pay the listing price but they would not sell so can we take it for free?
Thanks for your time!
Hi, about 6 months ago we gave an offer on a house that was in short sale, and it was accepted. The previous owners had 2 mortgages with 2 banks. One bank approved soon and we have been waiting most of this time on the second. Also the previous owners moved out a few months before, now there is nobody living there. We thought this would be a quick sale, "short sale" so as soon as our offer was accepted we packed up at least 50% and have been living with boxes every where.
We have recently found out that the second bank might not approve, so can we move in and claim adverse possession. We were willing to pay the listing price but they would not sell so can we take it for free?
Thanks for your time!