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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] What is the deal with buying 2nd t.d. from the bene. Posted by Bryan on January 10, 2002 at 12:34 AM I think I understand the concept please elaborate #1 get the lender to sell you the 2nd at a discount #2 let foreclose or hope it does anyway #3a if it reverts back to you pay off the 1st and its yours #3b if it sells at the sale you get the difference between what you paid for the 2nd and the original bid price is this right thank you Follow Ups: Re: Here's the Jr. Bene Buyout Concept. Ward-CA- 4:52 PM, 01/10/02 (0) Post a Followup: Name : E-Mail : Subject : Comments: : I think I understand the concept please elaborate : #1 get the lender to sell you the 2nd at a discount : #2 let foreclose or hope it does anyway : #3a if it reverts back to you pay off the 1st and its yours : #3b if it sells at the sale you get the difference between what you paid for the 2nd and the original bid price : is this right thank you Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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