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Re: What About Buyer at Trustee Sale

Posted by Rick Harmon on November 01, 2003 at 5:02 PM

In Reply to: What About Buyer at Trustee Sale posted by SeanW on November 01, 2003 at 3:59 PM

: ::Buying property from a dead owner is full of pitfalls and surprises

: I bought my first successful trustee's sale a few months ago, from an estate in foreclosure. But I have to admit, I really didn't know anything about the probate which had taken place, and just assmed the sale would all work out OK.

: What kinds of things should a third party be concerned with, on a foreclosing estate?
: Is probate research as involved as researching title?

****************************
Sean-
Buying at the trustee's sale is a piece of cake; their's nothing else to do as long as you've performed your normal pre-T/S due-dilgence duties.

The tricky part is buying pre-foreclosure when all or part of title is vested in the name of a deceased person. What State are you in?

Rick Harmon


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