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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] I agree with Dond... Posted by Ward-CA- on May 03, 2009 at 2:41 PM In Reply to: Holdover owner sueing to retain possession posted by Keith on May 03, 2009 at 8:25 AM Keith, You now own the property and need to move forward with getting control of it so you can either resell or rent it out. I agree with Dond, that most of the time an ex-owner's threats don't amount to much more than bluster—principally because they don't have enough money to mount a knock-down legal battle. So you need to get on with getting on in this declining real estate market. --------Ward =============== : As the foreclosing lender on a 2nd Note, I recently received title : to a property since so no one bid at the sale. Upon serving the : 3-day notice to vacate, I was notified by the previous owner that : he intends to sue basically over every part of the lending : process as well as fight the unlawful detainer. : My question is this: how will this affect the unlawful detainer : process? If I had been an investor instead of the beneficiary, : I'd have nothing to do with the owners previous loans. Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : Keith, : You now own the property and need to move forward with getting control of it so you can either resell or rent it out. : I agree with Dond, that most of the time an ex-owner's threats don't amount to much more than bluster—principally because they don't have enough money to mount a knock-down legal battle. : So you need to get on with getting on in this declining real estate market. : : --------Ward : : =============== : : : As the foreclosing lender on a 2nd Note, I recently received title : : to a property since so no one bid at the sale. Upon serving the : : 3-day notice to vacate, I was notified by the previous owner that : : he intends to sue basically over every part of the lending : : process as well as fight the unlawful detainer. : : My question is this: how will this affect the unlawful detainer : : process? If I had been an investor instead of the beneficiary, : : I'd have nothing to do with the owners previous loans. [ 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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