Ward and his office helpers

InnoVest Resource Management's

Foreclosure Forum

Home

Discussion Board

"Hands-On" Training

Title Holding Trust

Speaking Schedule

Store

Foreclosure Codes

50 State Resource Data

Foreclosure Glossary

Foreclosure Statistics

60+ Yrs Interest Rates

Fillable Forms

Archived Articles

Dingbat Retirement Plan

Links

Contact / Map

Home

 

[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ]

Re: VRM and Chapter 13 BK

Posted by Travis-CA on June 09, 2003 at 0:00 AM

In Reply to: VRM and Chapter 13 BK posted by ken on June 08, 2003 at 9:05 PM

: Hi, Ward, I am looking forward to hearing you this month and to, hopefully, meeting you in Huntington Beach.

: I have a couple of unrelated questions in the meantime:

: 1: I understand that Variable Range Marketing (VRM)is offering a property for sale within a range of prices...say $100-120k. Butwhat is the practical use of this pricing?

: 2: If an owner's filing a bankruptcy in Chapter 13 a couple of days before a trustee sale of a property forestalls the effect of the sale of the property (for the time being), where does that leave the hapless "winning" bidder and his money?

: Thanks, Ken

=-=-=-=-=-=-=-=-=-=

Ken,

#2: If the Trustor files an emergency petition in chapter 13 prior to the sale, it will prevent the scheduled sale from occuring, hence nobody may bid until the rescheduled sale if there is one.

Travis


Follow Ups:


Post a Followup:

Name    : 
E-Mail  : 
Subject : 
Comments: 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

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.

Copyright © 1997-2003, 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

[an error occurred while processing this directive]