Foreclosure on a Meth House: Buyer Beware - Articles

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Posted by: Suzanne Craig Robertson on Aug 22, 2019

"Banks do all they can do to minimize the costs associated with foreclosure," Kathryn Reed Edge warns in her August column, "but if a lender wants to be as sure as it can be that the institution is not taking ownership of a contaminated piece of real estate, some level of testing prior to foreclosure may be prudent." She explains what to look for with foreclosures on meth houses (spoiler alert: try not to buy one). Read Bank on It.