I am new here and I am hoping you can help me out. My house just sold at auction last week on 9-11-12. We are now ready to give the keys to the new owner today at 3pm (a third party bought it at auction). We don't have a lawyer and I'd like to make sure that we are doing all that we should and make sure that we don't do anything that is not in our best interest. Bank of America and the company that handled the foreclosure sale are obviously not very helpful or forthcoming. There's more to our story, but this is where we stand right now.
Is it okay to give the keys to the new owner today before his name is on the title?
Should I make sure he has insurance first before he takes possession of the house, as he is going to do a lot of work on it and flip the house? The new owner has already sent over a roofer while we were trying to move out over the weekend.
Thank you for your help. I'm trying to breathe, but still holding my breath.
P.S. Please tell me if I am posting this in the wrong section. Thank you.