Lawyered!

[Jake Kucheck]

Well it had to happen sooner or later...

One of the properties we bought at auction responded with a strongly worded letter from the attorney that was trying to prevent the foreclosure. This was to the effect of the foreclosure was fraudulent, we're going to be sued, we can't take possession, blah blah blah.

Since this is our first time dealing with this... any of you other auction guys know what it is they are trying to accomplish here? My initial inclination is that whenever someone doesn't have an argument, they start puffing out their chest and screaming at the top of their lungs, and that seems to be what's going on here.

However- I'm sure there's a chance they actually have some kind of case, and again my initial inclination is to go back to the trustee and figure things out- but looking for some direction here.

[Jacob Evans]

Update - the guy who was going to fight for wrongful foreclosure and stay in the home contacted me and wanted cash for keys. When I asked him how much he would need to vacate he never replied so I went to the property one last time to attempt to speak to him, but the house was empty (I knew because there were no footprints in the snow) so I quickly changed the locks and took ownership. I then received an email that night from him asking for $1,000 for keys. I kindly responded thanking him for vacating lawfully of his own free will. :wink:

Lesson - most occupants are simply looking for a free ride or someone to punish for their "bad fortune". Stay persistent. I've now purchased 30 occupied foreclosure homes and have never had to evict. I think it's due to my eviction system that entails constant nagging, lol.