Non filed deed and forecloure

[Bud Branstetter]

I wanted to see if anyone had run across a similar experience that a friend did.  He bought a HOA trustee deed Tuesday.  The lender had foreclosed a couple months before but the buyer had never filed the deed.  At the sale the HOA trustee would  not give a deed because there was no notary available. Two days later the trustee says the other guy had filed a deed(Thursday) and that he would have to give the money back.  

The general rule is that a sale is a sale when sold and accepted(they did give him a receipt for the money.) Another general rule is the first one to the courthouse wins.

Any experiences?

[Admin]

Bud,
I've not heard of someone dealing with this before.  If you would, please provide updates as you learn them as I'm curious to see the outcome of this.  Thanks.

[StacyKellams]

WOW...

If ever there was a house with a clouded title this is it... :eyes

Let us know how this one turns out.

Thanks,

Stacy