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Updated about 7 years ago on . Most recent reply

User Stats

177
Posts
54
Votes
Davit Gharibyan
  • Saint Paul, MN
54
Votes |
177
Posts

Redemption period sale

Davit Gharibyan
  • Saint Paul, MN
Posted

Hi, I received a call today from one of my direct mail campaigns. The gentleman told that his house was foreclosed and he has a redemption period till 06/05/2016. The house was sold on auction for 120K. He said he wanted to redeem for 125-127K, basically make extra 5-7k. From his description he lost the house already but he is looking to make a quick buck on the property he will not own. Any thoughts and comments on the situation are appreciated.

Most Popular Reply

User Stats

743
Posts
424
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Brandon Battle
  • Real Estate Agent
  • Buena Park, CA
424
Votes |
743
Posts
Brandon Battle
  • Real Estate Agent
  • Buena Park, CA
Replied

Yeah,tell him he's a jerk for trying to get you to steal a house from another family using a law that shouldn't exist! I wouldn't give him the time of day let alone $7,000 to take a property from someone who has won a legitimate auction.Tell him to get a job and pay his bills next time.

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