Real Estate Investing - Liability question

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Liability question

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06-06-2006, 11:44 AM

thriftytx

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Liability question

We purchased a home that was turned back to the bank by a builder. We have finished the home and it is now for sale. Do we have any liability after it is sold? We have done finish work, nothing structural, but I want to be certain. Thanks!

08-21-2006, 06:14 PM

r8rpwr

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You probably want to talk to a lawyer. Someone can sue you for anything; the question is, will it have any merit?

My gut says you would be liable. But I am not a lawyer and I don't play one on TV.

« REO Properties Available | The Complete Guide to Flipping Properties (Paperback) by Steve Berges »

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