Sunday, June 1, 2008

House Hunt – Who is Lis Pendens?

I spent a good part of the day in the good company of my realtor. We looked at a number of places, including condos, townhomes, and single family dwellings. The second place we looked at was a large place on a big lot that had nice landscaping (albeit a tad scruffy since the house was unoccupied) with the requisite number of rooms, a large garage, terrazzo floors, and just the right feel to it for me; I’ve always liked older places with a few flaws rather than some small box with a view of someone else’s air conditioner condenser. We decided that this was the place; the price was right, too. So after a look at a couple of other places where we had appointments, we went back to the office to contact the listing agent from the real estate company that had the listing, sign the memorandum of lease, and write a deposit check. All was ready until a computer search came up with a little hitch: the property is in foreclosure… just like the place I’m vacating now. Oy.

So this morning we’re going back out on the hunt. We have some more places to look at, and hopefully by this afternoon I will have found the place again, and one that is not under the cloud of Lis Pendens.