@Ron Hall yes, absolutely you need to keep in mind any "closing fees" that apply to your state. 

Ron B.

Quote from @Ron B.: Remember when you first started outhttps://ibuyhousesconnecticut.com/ Its easier to replicate than createWe can never forget where we come from and the internet remembers everythingI am honored.

Quote from @Ron S.: Quote from @Peter Walther: I believe that the cost of every legal hoop you make the Trustee jump through to complete the foreclosure will be added into the amount owed and will reduce any possible overage from the sale of the property.In addition, unless there is a fatal defect in the deed of trust, the sale is going to go through and a request for a TRO (which I doubt would be granted) or filing Bk (which I'm not sure would stop the sale since you're not the borrower, have no liability for the debt, your interest arose after the foreclosure began and you had knowledge of the 1st DOT's foreclosure) will not stop it. 

Ron

Quote from @Ron S.: it's just this quarter's get rich quick scheme.

Quote from @David Randolph: Quote from @Ron S.: Quote from @David Randolph: @Hunter Gibson  I have 14 years experience negotiating and buying Short Sales which are "pr-foreclosure".

@Ron S., @Chris SeveneyThank you both for your replies, here's an update.

@Ron S.

@Carmen Lapham- There are episodes in the "The Real Estate Investing Podcast" with Daniel Apke and Ron Apke that address this.