I had been planning to bid on a upcoming forclosure. However, after receiving the title search by a local title company, the mortgage company seems to be forclosing on the ex-wife of the owner, not the owner. The mortgage and deed are in the ex-husband’s name as “a single man” but the forclosure action is against the ex-wife.
A review of the title report indicates the property was purchased by the ex-husband after the divorce. There was already a forclosure action in his name last year but the property was redeemed by someone. It did nto show up on the title search.
Any ideas about what the mortgage company is actually up to or the risks of buying this property as sheriff sale.