Upper Bucks property mortgages related to oil/gas drilling

Life just isn't simple any more. Some folks in Upper Bucks were trying to make a few extra bucks with drilling leases and ended up complicating the titles to their properties.

Supposedly the folks found mortgages attached to their properties that the local title companies didn't know how to handle. Apparently the mortgages don't really encumber the sale of the house or property. One family had to hire a lawyer to help sort things out.

I don't think you have to worry about buying a house in Upper Bucks and suddenly finding an oil or gas well in your neighbor's yard but you should do some research on the subject if you are looking at real estate in that area.


see The Phillyburbs story for the whole story