![]() |
Foreclosure Forum |
|
When to buy out the junior bene.In Reply to: Seconds posted by Frank on May 22, 2002 at 6:03 PM
: Ward finally we have decided to purchase seconds,,,so my question would be: at what point in the game is the best time, just after the NOD or wait for the NTS ? Frank, If you're in CA, then I'd approach the beneficiary of the 2nd to offer to buy them out approximately 15 days after the trustee conducting the foreclosure of 1st has recorded their Notice of Default. Follow Ups: Post a Followup:
|
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