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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Buying at the last minute and liability Posted by Greg CA on June 28, 2002 at 8:14 AM Ward, 1. How often do you end up buying preforeclosures within the last few days before the sale? Based on my experience so far, that's where the opportunities are. 2. Would you normally just give them your Chap.13 emergency kit with instructions and hope that they manage to do the filing without help? 3.In the case that you help them, say by filling out forms, or accompanying them to the court, what I worry about is the liability. Say something goes wrong, and you're not able to stop the sale, or some other complication sets in. Could they claim you (the investor) is somehow now liable for the loss of their home since they put their trust in you to stop it? Greg Follow Ups: Liability rises when someone thinks you cheated them. Ward-CA- 6:47 PM, 06/28/02 (0) Post a Followup: Name : E-Mail : Subject : Comments: : Ward, : 1. How often do you end up buying preforeclosures within the last few days before the sale? Based on my experience so far, that's where the opportunities are. : 2. Would you normally just give them your Chap.13 emergency kit with instructions and hope that they manage to do the filing without help? : 3.In the case that you help them, say by filling out forms, or accompanying them to the court, what I worry about is the liability. Say something goes wrong, and you're not able to stop the sale, or some other complication sets in. Could they claim you (the investor) is somehow now liable for the loss of their home since they put their trust in you to stop it? : Greg 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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