Foreclosures Discussion Archive 7

Keep on keepin' on...

Posted by Ward-CA- on July 04, 2003 at 21:48:42:



In Reply to: I WAS THE SUCCESSFUL BIDDER @ AUCTION, BUT- posted by ricole on July 03, 2003 at 09:37:30:



: Help!?

: What should I do?

: I won the bid at auction yesterday and paid the 20% down payment.

: However the sheriff informed me that the homeowner filed for bankruptcy at the last minute prior to the sale, which makes the sale null and void.

: I still want the home.

: What are my next steps, if any???

: Thanks much!

: Ricole

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Ricole,

This happens to me about one to two times a year. I just get my checks back and go on to the next upcoming deal. I really don’t care which properties I make my money on, as long as there are others to fry, I’m happy.

So wish the homeowner good luck, get your money back and keep on keepin’ on.



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