Results 1 to 30 of 543

Hybrid View

  1. Collapse Details
     
    #1
    A Dolla Danya of Dubla Dour
    king steveyos
    Quote Originally Posted by Autistic Spectrum View Post
    yes you should def pay 3 times as much for the same house, this is what rich people do they thorw money away
    if buying foreclosures was a huge profitable business the banks would literally do it and sell the homes at big scale/vs. always auctioning off them for shit. the title issues are what is fucked up big time. clay, i think is from texas or some bumfuck state so maybe there's no redemption for unpaid loans, but i know their definately is in CA and a lot of other state.s

    California has a complicated statutory right of redemption after the foreclosure sale has occurred, which would allow a party whose property has been foreclosed to reclaim that property by making payment in full of the sum of the unpaid loan plus costs one (1) year after foreclosure sale unless the original lender made a full price bid then that period is shortened to three (3) months.
    here's a dumbed down version of the CA statute
    Last edited by A Dolla Danya of Dubla Dour; 08-15-2016 at 12:57 AM.
    Reply With Quote
     

  2. Collapse Details
     
    #2
    my weapons turn me into a m0nde's Avatar
    Join Date
    Dec 2011
    Location
    every once in a while
    Posts
    29,860
    Quote Originally Posted by A Dolla Danya of Dubla Dour View Post
    if buying foreclosures was a huge profitable business the banks would literally do it and sell the homes at big scale/vs. always auctioning off them for shit. the title issues are what is fucked up big time. clay, i think is from texas or some bumfuck state so maybe there's no redemption for unpaid loans, but i know their definately is in CA and a lot of other state.s



    here's a dumbed down version of the CA statute
    california has some crazy homesteaders law which allows you to squat ono a property even while it's being foreclosed. things are heavily in the favour of the homeowner. i've been involved in evictions of properties my familys owned in california.

    Reply With Quote
     

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •