InnoVest Resource Management's Foreclosure Forum

Discussion Board Foreclosure Training Title Holding Trust Speaking Schedule Foreclosure Codes 50 State Foreclosure Basics 60+ Yrs Interest Rates News & Trends FAQ Dingbat Retirement Plan Links To Contact Us Home

[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: buying the right of redemption Posted by Ward-CA- on June 03, 2001 at 4:08 PM In Reply to: buying right of redemption posted by todd-wa on June 03, 2001 at 1:55 PM : A real estate writer john T.Reed,suggested buying the right of redemption from the previous owner after the sale then redeem it yourself. Any experience or thoughts on this approach? =•=•=•=•=•=•=•=•=•=•=•= Todd, I know you know that WA doesn't allow anyone, except the IRS, the Right of Redemption (ROR). So, is this a rhetorical question or are you really interested in doing this in another state? I'm guessing you'd buy up the ROR in order to get title to the underlying property whereas I think in terms of flipping the ROR to someone else for a quick profit. Have you given any thought to how much you'd pay for the ROR? Would the ROR's length of time have any bearing? Follow Ups: right of redemption for judicial todd-wa 7:07 PM, 06/04/01 (0) Post a Followup: Name : E-Mail : Subject : Comments: : : A real estate writer john T.Reed,suggested buying the right of redemption from the previous owner after the sale then redeem it yourself. Any experience or thoughts on this approach? : =•=•=•=•=•=•=•=•=•=•=•= : Todd, I know you know that WA doesn't allow anyone, except the IRS, the Right of Redemption (ROR). So, is this a rhetorical question or are you really interested in doing this in another state? : I'm guessing you'd buy up the ROR in order to get title to the underlying property whereas I think in terms of flipping the ROR to someone else for a quick profit. : Have you given any thought to how much you'd pay for the ROR? Would the ROR's length of time have any bearing? 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

Copyright © 1997-2001, InnoVest Resource Management

InnoVest Resource Management, 4080 Centre Street, Suite 204, San Diego CA 92103-2657
(619) 296-9596, Fax (619) 296-6443