RE investor legally robs bank!

[Robert Steele]

I heard this story and was wondering if anyone had actually experienced anything like this?

A guy goes to a judicial foreclosure auction and manages to pick up a house worth hundreds of thousands for $1K.

The lawyer representing the bank was supposed to show up and make a full credit bid but he got stuck in the court restroom.

The law firm and/or the bank are screaming at the county constable to do something but the law was followed and they are out of luck.

I don't know how the story ends but I imagine that either;

a) the bank made him an offer to good to refuse wrapped in a thinly veiled threat of legal action

b) they got a temporary restraining order and then buried him in lawsuits

c) being the easy going fair minded people that they are, they cut their losses and moved on

[Wayne Brooks]

@Robert Steele It's not a "powerful bank" thing, it's a law thing......unjust enrichment, or something like that.  We are judicial here, the judges show no favoritism for banks, just for the law.