Home Forums Property Investment Buying Property Is buying a confiscated property a bad idea?

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  • #523
    Judings46Judings46
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    I am interested in a property that is being sold at an auction, and the agent managing the property mentioned that the government had confiscated it without mentioning the reason why.

    Are there any risks or future potential problems to worry about if I were to purchase this property?

    • This topic was modified 2 years, 4 months ago by Judings46Judings46.
    #549
    ThentereentThentereent
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    Generally not a problem, from what I remember titles transfer clear without encumbrance or residual debt of the previous owner unlike other countries like the US.

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