Grandpa Ward with his 4 grandchildren

InnoVest Resource Management's

Foreclosure Forum

Discussion Board

"Hands-On" Training

Title Holding Trust

Speaking Schedule

Foreclosure Codes

50 State Foreclosure Basics

Foreclosure Glossary

60+ Yrs Interest Rates

News & Trends

FAQ

Dingbat Retirement Plan

Links

Contact / Map

Home

 

[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ]

Clarification of my IRS Question

Posted by stephanie on May 24, 2002 at 10:39 AM

1. I understand what you are saying about negotiation to shorten the ROR. Your recommend offering 1000 to remove the ROR, right? I was hoping to know if you can to negotiate before the sale to remove the lein so I could buy the property before my competitors get a chance to bid at the sale.

2. Are you sayin that Wells Fargo cannot sell before the IRS ROR is resolved? Or can they sell but not give clear title until the ROR is resolved? If they can sell immediately, wouldn't they sell at a discount to get rid of the property? I can rent it back to the ex-owner after the bank takes it at the auction and I buy it from the bank. After the 120 days I'd sell it.

Thanks Ward!


Follow Ups:


Post a Followup:

Name    : 
E-Mail  : 
Subject : 
Comments: 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

Our home page is at http://www.foreclosureforum.com

Information provided by this website is for informational purposes only and is not a substitute for professional advice. Please consult your investment advisor and/or attorney before entering into any transaction.

Copyright © 1997-2002, InnoVest Resource Management

InnoVest Resource Management, 4569-A Mission Gorge Place, San Diego CA 92120-4112
(619) 283-5444, Fax (619) 283-5455

[an error occurred while processing this directive]