InnoVest Resource Management's Foreclosure Forum

Home Discussion Board "Hands-On" Training Title Holding Trust Annual Reunion Speaking Schedule Store Foreclosure Fundamentals Code References 50 State Foreclosure Basics Foreclosure Glossary Foreclosure Statistics 70+ Yrs Interest Rates Fillable Forms Archived Articles Dingbat Retirement Plan Links Contact / Map About Us Home

[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] pass this deal this time Posted by Skimmer on July 17, 2010 at 10:55 AM In Reply to: 5 days clause, if auction is less than 5 days posted by Michaela-CA on July 17, 2010 at 9:15 AM I suggest you to just pass this deal at this time. You are trying to fly an airplane before learning to fly, too dangerous. It is not that simple like there is a step-by-step to follow to close this deal and you can avoid all potential problems. Be ready first, there are always lots of good deals like you mentioned over there. Skimmer : I'm wondering what to do, if you come across a really hot pre-foreclosure and the seller is willing to let it go for a steal. : BUT, the auction is less than 5 business days, and the contract gives him/her 5 business days to back out. : How do you avoid the possibility that the seller let's you pay off the mortgage and then changes his mind the day after? Follow Ups: Re: pass this deal this time Michaela-CA 12:49 AM, 07/17/10 (1) the answer is YES Skimmer 12:58 AM, 07/17/10 (0) Post a Followup: Name : E-Mail : Subject : Comments: : I suggest you to just pass this deal at this time. You are trying to fly an airplane before learning to fly, too dangerous. It is not that simple like there is a step-by-step to follow to close this deal and you can avoid all potential problems. Be ready first, there are always lots of good deals like you mentioned over there. : Skimmer : : : I'm wondering what to do, if you come across a really hot pre-foreclosure and the seller is willing to let it go for a steal. : : BUT, the auction is less than 5 business days, and the contract gives him/her 5 business days to back out. : : How do you avoid the possibility that the seller let's you pay off the mortgage and then changes his mind the day after? [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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. Read our privacy policy.

Copyright © 1997-date("Y"), InnoVest Resource Management
http://www.foreclosureforum.com

InnoVest Resource Management, 4569-A Mission Gorge Place, San Diego CA 92120-4112
(619) 283-5444, Fax (619) 283-5455