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Short answer: An Emphatic No!

Posted by Ray on August 09, 2010 at 6:32 AM

In Reply to: Re: Is this the Beverly Hillbillies? posted by Eddie on August 08, 2010 at 9:14 PM

There are still some unanswered questions and some misused terminology, but that's par for the course. Bottom line it sounds as though the TS was actually held and the property went back to the lender. I'm not sure if you're a realtor or somebody who just knows enough to get yourself in trouble or maybe both. Assuming the former you could still get the listing maybe pretty easily just by undercutting the gunslinger's listing commission assuming you otherwise put your best foot forward. Shouldn't be too hard to find that info.

It's amazing that a homeowner that unsophisticated, could have owned a home with a current value of $1.2 mil (what was it at the bubble's top) but that's a whole other story and indicative of how the country got into this financial mess in the first place. But I digress...


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