Lis Pendens filing?

Categories: Listings

What does a Lis Pendens filing mean to a potential buyer? Looking at a building that propertyshark shows a Lis Pendens filing by the seller’s bank in December of ’08. What does this really mean? Is foreclosure eminent? Could it be nothing? How do I find out what’s going on? Thanks.

By wilso26941 | 05/04/2009 4:49 PM