![]() |
Foreclosure Forum |
|
Why do 1st and 2nd TD's go to auction same day?Who in their right mind would buy the 2nd? Is there something I am missing here? Also, Is there ANY case where the second would not be wiped out by the 1st being sold at auction, other than the rare case where the second is the senior TD?
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