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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Maybe it's not that bad Posted by SeanW on April 28, 2003 at 8:18 PM In Reply to: Judgement liens posted by Ken LoFrano on April 28, 2003 at 2:47 PM I'm assuming he didn't really want the house, and his foreclosure action was simply to get paid. He didn't say what the judgement cost to buy. If he bought it for say ... 50K, then he could bid up to 105 + 35 + 50 = 190K to protect his investment. Above that he could continue bidding, to improve the return on his note, but that comes with the "risk" of acquiring the house. Perhaps Ward will have some suggestion how to keep his foreclosure ahead of the 1st. (This sounds desperate, but it might even worth finding a way to get the 1st reinstated by a 3rd party, and later quietly reimburse him for the assistance after the judicial foreclosure is done.) Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : I'm assuming he didn't really want the house, and his foreclosure action was simply to get paid. : He didn't say what the judgement cost to buy. If he bought it for say ... 50K, then he could bid up to 105 + 35 + 50 = 190K to protect his investment. Above that he could continue bidding, to improve the return on his note, but that comes with the "risk" of acquiring the house. : Perhaps Ward will have some suggestion how to keep his foreclosure ahead of the 1st. (This sounds desperate, but it might even worth finding a way to get the 1st reinstated by a 3rd party, and later quietly reimburse him for the assistance after the judicial foreclosure is done.) 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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