Wall Street vs. Main Street

Courts Beginning to Favor Foreclosed Property Owners:
"Agents involved in foreclosures and short sales may need to begin to disclose the possibility of serious property transfer defects associated with these types of lender controlled sales.
If recent court decisions are any indication, we could be headed for an explosion of litigation in this area.
And now, Massachusetts Courts have revealed the possibility that unlawful foreclosures, dating back to 1989, might be invalidated and that buyers of foreclosed properties and short sales may have clouded titles."

Here's something to keep in mind especially if you plan to relocate like me. You might want to reconsider short sales or foreclosures, not because of the hassle of fixing them up or the length of time to purchase, but according to this article you might not own it after you buy. Very scary stuff, even if you buy title insurance it looks like the courts could over ride your claim to the property and leave you with nothing.