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: Foreclosure of Deceased Trustor's Realty Posted by SeanW on September 02, 2003 at 3:27 PM In Reply to: Re: Foreclosure of Deceased Trustor's Realty posted by Rick Harmon on August 31, 2003 at 8:06 AM Rick, thanks for your answers. My situation was a little different than you might have assumed, though. I have been the high bid on an estate foreclosure for the past 10 days (the N.C. redemtion period.) So I didn't plan to negotiate with the heirs. I was just curious how likely it would be for them to stop the sale. (From what you've said, not too likely!) Now I'm waiting to hear from the trustee, if this sale is final. I checked the foreclosure file at the court 5 minutes before the last day of redemtion-- and there were no other bidders. And no dismissal. The nutty thing, is this house has no 2nd on it!! You'd think the deceased's husband would have sold for whatever he could. Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : Rick, thanks for your answers. : My situation was a little different than you might have assumed, though. I have been the high bid on an estate foreclosure for the past 10 days (the N.C. redemtion period.) So I didn't plan to negotiate with the heirs. I was just curious how likely it would be for them to stop the sale. (From what you've said, not too likely!) : Now I'm waiting to hear from the trustee, if this sale is final. I checked the foreclosure file at the court 5 minutes before the last day of redemtion-- and there were no other bidders. And no dismissal. : The nutty thing, is this house has no 2nd on it!! You'd think the deceased's husband would have sold for whatever he could. 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. Read our privacy policy.

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