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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] my 2nd one Posted by Jon on April 15, 2002 at 1:51 AM This is a great site. I successfully bought a house in pre-foreclosure in MN by contacting the owner, setting up a closing with a title company and paying the owner $8000 plus taking care of the mortgage. I have a buyer but need to complete inspections this week. I have another one I'm very interested in but the owner is hiding and can't be contacted. She recently stopped by the house but would not answer the door. mmmm. If I go to the sheriffs sale, buy the certificate, continue to try to buy the redemption from her but cannot accomplish this, my concerns are: 1. If she sells the house to someone else, how much do I markup the certificate I bought? 2. What if she declares bankruptcy, how long does this delay the process? 3. Is it worth the risk to buy the certificate if you cannot hope to contact the owner? 4. Other concerns? Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : This is a great site. I successfully bought a house in pre-foreclosure in MN by contacting the owner, setting up a closing with a title company and paying the owner $8000 plus taking care of the mortgage. I have a buyer but need to complete inspections this week. : I have another one I'm very interested in but the owner is hiding and can't be contacted. She recently stopped by the house but would not answer the door. mmmm. : If I go to the sheriffs sale, buy the certificate, continue to try to buy the redemption from her but cannot accomplish this, my concerns are: : 1. If she sells the house to someone else, how much do I markup the certificate I bought? : 2. What if she declares bankruptcy, how long does this delay the process? : 3. Is it worth the risk to buy the certificate if you cannot hope to contact the owner? : 4. Other concerns? 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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