Yes. However, the title company should have caught the issue and have had the sellers pay for it. You definitely should fight this one.
When buying a house, you need to go to a lender. The lender will then work with you to get everything you need to have done.
yes you should because the other person could of done thing to the house after buying it that could create problems in the future that the other person know nothing about
Entirely depends on the contract. If nothing was mentioned in the contract regarding this, then it was the buyer's responsibility to have surveyed the home prior to the sale. If this had been done, then any repairs or a value deduction could have been done prior to the sale.
Basically there is nothing preventing you for buying a house at any time. Of course, getting a loan, while your not prevented from it, is going to be very, very difficult..and if you haven't learned from your past - buying isn't really done until you actually pay for it.
what happens when you file bankruptcy and your second home you own as an investment is placed in the bankruptcy by mistake the house getsfor closed on and sold but no title search is done to see that there are actually two mortgages on the house who is responsible for the second mortgage
Yes. But they have to reach an agreement with the first mortgage holder, for example by buying them, out so to speak. It can be complicated to say the least but it can be done.
It's always wise to have someone who knows about real estate. However, you don't need an agent to buy a house, but I do recommend it unless you are an experienced savvy investor who has done it before.
no
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Go to your local court house and do a title search. If your real estate agent was good that should have been done already.
All buying and selling of Realestate must be registered with the Government. Where I live this is done at Government Registries Office. Where you live that may be the Court House.