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Re: What About Buyer at Trustee Sale

Posted by SeanW on November 01, 2003 at 8:16 PM

In Reply to: Re: What About Buyer at Trustee Sale posted by Rick Harmon on November 01, 2003 at 5:02 PM

: 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?

:------------

North Carolina. I wasn't too concerned about this last deal. The deceased's relatives all abandoned the property and I've been spending the last month cleaning it up for move-in.

I just was curious if I persue more of these, whether I should be concerned that some mistake in the probate could still haunt me after the trustee sale.

I'm not too interested in pre-foreclosure anyway. I like the fact the trustee keeps me at arms length from the mortgagors!


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