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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Contract to purchase after foreclosure..... Posted by Apex on May 06, 2010 at 11:07 AM I am trying to buy some properties that are int eh foreclosure process right now. I was wondering if anybody has heard of entering into a purchase contract on a property in anticipation of it being foreclosed upon? The properties are owned by a private investor that holds two notes on four properties. He basically wants his money back, but the properites are worthless unless foreclosed upon. I was thinking that he could have his minimum price at the sheriff's sale be Really high so nobody bidding can get the properties. HE can then take them back then I can buy them immediately from him? So basically I would have a purchase agreement or agreement to purchase directly after foreclosure is complete. Comments? Follow Ups: Re: Contract to purchase after foreclosure..... Kristine-CA 6:12 PM, 05/07/10 (1) Re: Contract to purchase after foreclosure..... apex 9:57 AM, 05/10/10 (0) Re: Contract to purchase after foreclosure..... IE Brian 9:34 AM, 05/07/10 (6) Re: Contract to purchase after foreclosure..... Apex 9:52 AM, 05/07/10 (5) Re: Contract to purchase after foreclosure..... Rick Harmon 10:21 AM, 05/07/10 (4) Re: Contract to purchase after foreclosure..... apex 12:20 AM, 05/07/10 (3) Re: Contract to purchase after foreclosure..... BTI 9:19 AM, 05/10/10 (2) Re: Contract to purchase after foreclosure..... apex 10:49 AM, 05/10/10 (1) That's what your attorney is for (NT) Rick Harmon 4:03 PM, 05/10/10 (0) Re: Contract to purchase after foreclosure..... Kristine-CA 9:30 AM, 05/07/10 (1) Re: Contract to purchase after foreclosure..... apex 9:55 AM, 05/07/10 (0) Re: Contract to purchase after foreclosure..... apex 8:54 AM, 05/07/10 (0) Post a Followup: Name : E-Mail : Subject : Comments: : I am trying to buy some properties that are int eh foreclosure process right now. I was wondering if anybody has heard of entering into a purchase contract on a property in anticipation of it being foreclosed upon? : The properties are owned by a private investor that holds two notes on four properties. He basically wants his money back, but the properites are worthless unless foreclosed upon. : I was thinking that he could have his minimum price at the sheriff's sale be Really high so nobody bidding can get the properties. HE can then take them back then I can buy them immediately from him? : So basically I would have a purchase agreement or agreement to purchase directly after foreclosure is complete. : Comments? [ 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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