A Springfield, MA Land Court judge's recent ruling has resulted in many sales of bank-owned properties being halted.
The judge ruled that due to improper paperwork two banks improperly foreclosed on two Springfield-area homes; therefore, the title to these properties is "clouded" or defective.
The decision effects the sale of many bank-owned properties in Massachusetts. It has effected one transaction of mine.
Read more about this at MassForeclosed.com.