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I'd be patient and wait

Posted by Ward-CA- on April 28, 2002 at 12:57 AM

In Reply to: Sheriffs Sale posted by TD on April 27, 2002 at 11:54 PM

: Hello, this site is much appreciated. My situation: I bought my first foreclosure at the sheriffs sale. I paid the court clerk for the bid amount. I went to the confirmation hearing and the people filed BK which stopped the confirmation. So I sat their stunned. I called the attorney that worked for the lender to find out how to get my money back that had been paid a month ago, he told me to wait it out??? He said that I will eventually get the house. IS THIS TRUE? I do have the house sold for a nice profit if I do get it. What should I do? In the meantime I bought my second foreclosure and the people have moved!! So I'm excited about that one. Any suggestions as to whether or not I should get my funds back to move on to more deals? I live in Oklahoma. Thanks

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TD,

I’d be patient and wait it out. My experience is that, sooner than you think, the people will be discharged from bankruptcy and you will be able to move forward.



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