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Encumbered Property

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richparry Joined: 24 Jun 2011 Posts: 1 1.32 Dollars($)	Posted: Fri Jun 24, 2011 12:12 pm    Post subject: Encumbered Property Like 0 Dislike 0 A 10 acres parcel & house with a mortgage was split into two 5 acre parcels; one parcel of vacant land was combined [land combination]with an adjacent 1 acre parcel with a neighboring/different house. However, the mortgage on the 10 acres was never cleared, the owner defaulted on the mortgage, and the sheriff sold the original 10 acres with house #1 at sale. What legal authority is there to say the land combination was nullified/voided/whatever term should be used?? Thanks, Rich
smithsussane Joined: 18 Sep 2008 Posts: 10439 Location: Alaska 985.83 Dollars($)	Posted: Sun Jun 26, 2011 8:57 pm    Post subject: Like 0 Dislike 0 Hi richparry! Welcome to forums! You should contact a real estate attorney and discuss the whole situation. He will let you know whether or not you will be able to nullify the property sale. Sussane

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