That's why you buy title insurance. And the fact that a foreclosure is invalidated doesn't guarantee that the current owner will lose the property to the original owner. The former owner, no longer in possession of the property, now has to prove they have a valid ownership claim. Just because their foreclosure was invalidated doesn't automatically give them ownership of the property, let alone possession.
Don't blame the courts for this mess. The mortgage industry deliberately short-cut the mortgage and foreclosure processes in order to maximize their profits and minimize their losses. Now they have to pay the piper. Again.
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Today's Featured Article - A City Guy's First Tractor - by Fred Hambrecht. After living in apartments in Atlanta for more years than I care to remember, the wife and I decided to move to the country. Humming "Green Acres is the place for me..." we purchased a 29 acre tract about 60 miles south of Atlanta. Next came the house, I could talk about that ordeal for another two weeks... But, I want to talk about my tractor! We didn't even own a lawnmower, and all of a sudden we had enough grass to feed all the starving children of the bovine world. Naturally, I talked
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