Posted by Mathew on 5/29/07

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I brought forclosed NYC condo for back common charges for
90k cash. At 1st closing, title co. discovers tax lien.
One week later, condo agrees to pay tax lien, since there
was a surplus from the auction. At 2nd closing, title co.
now discovers 250k judgement against a person with same
name in same building. Searching with Supreme court I
locate 250k judgement, listing same name of person, same
building, but different apt #. I now call in a 2nd title
co. they also say they can't be certain that the person
listing in the different apt is not the same person from
my apt, so they can't give me clean title. They say that
condo should have listed the 250k judgement in their
foreclosure judgement. But now I have two choices.
1. 250k judgement can be renewed next year, if company
bringing judgement does so. However, company seems to be
no longer in buisness. So I could sit and wait then
reapply for title one month after.
2. Have the condo file for short foreclosure. Condo says
not their concern, can you believe that! Condo says I can
file short foreclosure. Procedure could take 2-3 months.
Is this the way to go or is there a better way?

Help! I need answer ASAP. forclosure condo. dirty title, 5/29/07, by Mathew.

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