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Buying a Foreclosed Property (Recorded)

  • Training

  • 2 Hours
  • May 20, 2025
  • Massachusetts Continuing Legal Education, Inc. (MCLE)
  • ID: 6101096
Representing a purchaser of real property at a foreclosure auction or at a real estate owned (REO) sale can be a complicated and voluminous review even for the most seasoned conveyancing attorney. The panel of experts provides a review of the process, statutes, important cases along with perspectives from those who represent the foreclosing mortgagee, the buyer, and what a title insurance company is looking at. The panel helps guide you through the title examination, the off-record documentation gathering, and other relevant questions to ask during the purchase. In addition, the panel discusses the best practices, traps for the unwary and common issues that arise during the acquisition of distressed property. Bring your questions!

Course Content

12:00 - 12:05 pm - Overview
Matthew J. Carbone, Esq.,
First American Title Insurance Company, Boston

12:05 - 12:15 pm - Relevant Statutes
Matthew J. Carbone, Esq.,
First American Title Insurance Company, Boston

Erika J. Hoover, Esq.,
Korde & Associates, PC, Lowell

12:15 - 12:35 pm - Reviewing the Title
Matthew J. Carbone, Esq.,
First American Title Insurance Company, Boston

Samuel Grossack, Esq.,
Grossack Law Group, PC, Boston

Erika J. Hoover, Esq.,
Korde & Associates, PC, Lowell

12:35 - 1:05 pm - Signing the Contract at the Auction or REO Sale & Best Ethical Practices
Samuel Grossack, Esq.,
Grossack Law Group, PC, Boston

Erika J. Hoover, Esq.,
Korde & Associates, PC, Lowell

1:05 - 1:40 pm - Ethical Practice During the Post-Foreclosure Document Review and with Off-Record Documentation
Panel

1:40 - 1:50 pm - Key and Recent Cases
Matthew J. Carbone, Esq.,
First American Title Insurance Company, Boston

Erika J. Hoover, Esq.,
Korde & Associates, PC, Lowell

1:50 - 1:55 pm - Alternatives to Foreclosure
Matthew J. Carbone, Esq.,
First American Title Insurance Company, Boston

1:55 - 2:00 pm - 'Ask the Experts' Q&A Session and Key Takeaways
Panel

Speaker(s)

Chair

Matthew J. Carbone, Esq.,
First American Title Insurance Company, Boston

Faculty

Samuel Grossack, Esq.,
Grossack Law Group, PC, Boston

Erika J. Hoover, Esq.,
Korde & Associates, PC, Lowell