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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Lawsuits After Sale? Posted by SeanW on October 17, 2003 at 6:57 PM In Reply to: Why his attorney?? posted by Lughead on October 16, 2003 at 11:08 PM Reading these boards for 2 years, I've heard of many pitfalls of subject-to deals involving lawsuits... but never a successful suit after a trustee sale. It seems logical to me, that if there was serious risk of a lawsuit, it would be a deterrent to bidders coming to the sale. That's not in the lender's interest, or the trustee's. As a third-party bidder, your primary risk should be the possibility of having your purchase redeemed. But I'd be interested too in hearing from Ward, if there is any way the ex-owner can successfully sue a 3rd party. Follow Ups: Re: Lawsuits After Sale? Jk 6:29 PM, 10/19/03 (0) Post a Followup: Name : E-Mail : Subject : Comments: : Reading these boards for 2 years, I've heard of many pitfalls of subject-to deals involving lawsuits... but never a successful suit after a trustee sale. : It seems logical to me, that if there was serious risk of a lawsuit, it would be a deterrent to bidders coming to the sale. That's not in the lender's interest, or the trustee's. : As a third-party bidder, your primary risk should be the possibility of having your purchase redeemed. : But I'd be interested too in hearing from Ward, if there is any way the ex-owner can successfully sue a 3rd party. 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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