Foreclosure Nightmare

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Friday, November 16, 2012 - 11:48am

Florida man thought he bought his home free and clear, but the previous owner's mortgage holder disagrees.

Oscar Estrada paid cash for his Tampa, Florida condo two years.

The condo association he purchased his home from never told him about an outstanding bank loan on the property.

Now, the previous owner's bank is trying to foreclose, and real estate attorneys warn Estrada's case isn't unique.
 

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