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Re: No. Don't drink the Kool-Aid (nt)

Posted by Rod Ciferri on July 31, 2011 at 10:16 AM

In Reply to: Re: No. Don't drink the Kool-Aid (nt) posted by bukzin on July 31, 2011 at 7:24 AM

: : : Ok, sorry. I'm in California. A non-judicial foreclosure sale has been started against a property. Assuming that sale is void, and I buy a quitclaim deed from the "former" owner post-sale, do I then own the property free and clear?

:
: On the surface, it sounds like a guru's 'system'.

: Proceed with extreme caution.

Guess I would be the "guru" on this one. I'll let you know how it goes. Caution is certainly warranted. A lender who bought back at a foreclosure sale would probably see me as a trespasser. The difference is I have a deed.


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