InnoVest Resource Management's Foreclosure Forum

Home Discussion Board "Hands-On" Training Title Holding Trust Speaking Schedule Store Foreclosure Codes 50 State Resource Data Foreclosure Glossary Foreclosure Statistics 60+ Yrs Interest Rates Fillable Forms Archived Articles Dingbat Retirement Plan Links Contact / Map Home

[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Not too risky in this instance... Posted by Ward-CA- on March 28, 2004 at 11:36 PM In Reply to: Risky... posted by watchdog on March 28, 2004 at 10:28 PM : Well, : Adverse possession takes five (5) years to accomplish. Not to mention you must keep the taxes current. Are you willing to wait that long? : Good luck! ================= Yes, there's 5 years involved and the property taxes have to be paid, but in this instance Bill already owns half of the property and a family member is occupying the entirety. He’s not subject to the same risk of ejectment from the 50% owner like a true outsider would be. Follow Ups: This does not work. Gavin Wilkinson 10:38 AM, 07/01/04 (0) Post a Followup: Name : E-Mail : Subject : Comments: : : Well, : : Adverse possession takes five (5) years to accomplish. Not to mention you must keep the taxes current. Are you willing to wait that long? : : Good luck! : ================= : Yes, there's 5 years involved and the property taxes have to be paid, but in this instance Bill already owns half of the property and a family member is occupying the entirety. He’s not subject to the same risk of ejectment from the 50% owner like a true outsider would be. 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

Information provided by this website is for informational purposes only and is not a substitute for professional advice. Please consult your investment advisor and/or attorney before entering into any transaction. Read our privacy policy.

Copyright © 1997-2004, InnoVest Resource Management
http://www.foreclosureforum.com

InnoVest Resource Management, 4569-A Mission Gorge Place, San Diego CA 92120-4112
(619) 283-5444, Fax (619) 283-5455