LOL  give me a good ole deed of trust with power of sale state any day.I still get circulars from my attorney's keeping me abreast of the foreclosure laws ( at least here in Oregon and Washington) and there is only so much time you can post pone a sale without starting over.. its something in the order of 5 to 7 months..

@Brett Goldsmith in addition to pulling the public record data on foreclosures, we also work with over 150 trustees to provide foreclosure updates (postponements, cancellations, sales).

The closing day has already once been postponed for the delay in the appraiser's report (the appraiser has been on the property 20 days ago).

Hi BP Heads,I have a duplex down, kitchen, bath,  and garage project in mind in the north area ( I had been postponing for a few years) and kitchen/bath, aesthetics renovation in Little Village.

On the first rehab we were held up by windows (4-6months out - which we have postponed replacing), cabinets (3-4 months), and having a few of our contractor's workers and subs move out of state causing extended timelines as help is not easily replaced at the moment.

It looks like they have postponed the implementation of the new law.

You might be confused about 1031:- you start a 1031 before you sell- the proceeds from the sale are kept in your 1031 escrow- these proceeds are applied to the purchase of something elseThis is how you avoid/postpone capital gain taxes.

With most urban tenants in default since 2020-21 and Courts routinely granting them another year, there's bound to be a high % that remain FSBO since even after u get a FSBO to list, it eventually expires unvisited since most tenants are using covid and now postponed eviction orders to stop buyers/inspectors/appraisers from entering!

Advise the lender that you are in need of the payoff and are buying the property and request a postponement of the foreclosure.4.

Sometimes the banks will postpone an auction if there is a good offer.