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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Yes, and then foreclose and.... Posted by Ward-CA- on August 03, 2003 at 9:55 PM In Reply to: Can a holding trust buy a Note and Deed of Trust posted by GQ on August 03, 2003 at 3:08 PM : Is it possible to set up a trust and buy a TD then foreclose on the property. This would end up putting the title to the property in the holding trust, subject to the senior liens. =-=-=-=-=-=- Couldn't an outside bidder win the foreclosure auction of the trust deed? If so, I think some third party would own the property subject to any senior liens that might exist. Follow Ups: Re: Please hang with me for a minute GQ 11:24 PM, 08/04/03 (0) Post a Followup: Name : E-Mail : Subject : Comments: : : Is it possible to set up a trust and buy a TD then foreclose on the property. This would end up putting the title to the property in the holding trust, subject to the senior liens. : =-=-=-=-=-=- : Couldn't an outside bidder win the foreclosure auction of the trust deed? If so, I think some third party would own the property subject to any senior liens that might exist. 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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