Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Minnesota Real Estate Q&A Discussion Forum
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 3 years ago,

User Stats

9
Posts
4
Votes
Andrew Heairet
  • Saint Paul, MN
4
Votes |
9
Posts

MN Foreclosure Auction

Andrew Heairet
  • Saint Paul, MN
Posted

I’m considering buying my first foreclosure in Minnesota soon. The owner died long before the notice of pendency was filed and I cannot find any probate records to determine heirs. I was considering buying at the sheriffs sale (foreclosure by advertisement) but am worried about another more experienced investor tracking down the heirs and buying the redemption rights (but if I can’t find them maybe they can’t either)? I’m fine waiting out the redemption period before taking possession but I don’t want to tie up funds if I’m not going to get the property in 6 months.  Am I better off waiting for the lender to win the auction and tracking down the heirs to buy their redemption rights? Are there any resources used for this? Thanks