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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] selling a house for $1.00? Posted by myshka on February 17, 2004 at 11:43 AM I recently put in an offer on a house which was rejected by the sellers who were going through bankrupcy. About a week later I learned that the house had gone into forclosure. We contacted the trustee and told him we were interested in buying the house and had offered $799k before. He then told us that the owners of the house also owned a business and that we could buy the note on the business for $180k and he wold sell us the house for $1.00. Why would he want to do that instead of us buying the house for $799k? Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : I recently put in an offer on a house which was rejected by the sellers who were going through bankrupcy. About a week later I learned that the house had gone into forclosure. We contacted the trustee and told him we were interested in buying the house and had offered $799k before. He then told us that the owners of the house also owned a business and that we could buy the note on the business for $180k and he wold sell us the house for $1.00. Why would he want to do that instead of us buying the house for $799k? 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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