I read plenty of books over the last 5 years and always found an excuse to postpone my goals until I found this site and started reading your stories...This site is better than any book out there, and I thank you all for being so transparent, and more importantly, willing to share your knowledge with the world.

If there is an HOA lien in 2nd position headed for TS, and it gets sucked into the postponement vacuum that other liens tend to, does anyone have any experience with purchasing these liens, similarly to the way you would purchase an NPN?

The banks don't seem to know about the situation and have offered her payoffs that indicate short sale willingness.She wants to postpone the trustee sale date by entering escrow asap with a legitimate buyer who would give her time to move and settle things.

If the auction is postponed, then the advertising has to be done over, which adds to the cost.

Now, the property was going to go up for auction as short sale in a week or so but my father has postponed it to early November.How do I go about profiting from this favorable spread?

Using legal methods and investment strategies unique tactics have been developed to unwind auction sales and even place the borrower in a "better" position than if the sale were postponed.

I think if I transfer the property from the C corp to the LLC now, I can postpone paying tax on dividend for the time being, but eventually when the LLC sells the property, I will have to pay tax on the dividends anyway, probably more if the property appreciates in value.

No legal advice.The short sale department negotiator assigned to the file should be able to give instruction to the foreclosure department to postpone the FC sale to a later date while they review the offer.If you are not getting anywhere with the short sale negotiator the file needs to be escalated to the supervisor or quality control.

During the showing, I learned:-The property is in foreclosure and the sale is scheduled for just 11 days away; one sale on the courthouse steps has already been postponed from last month.

@Carrie Pledger , you need to know what stage the foreclosure is in, how much is the bank loan and how much it is in arrears (if it's behind on the payments).It's possible that the owner is able to get the bank to do a loan modification and ask them to postpone the sale.You can do a shortsale and if you get it at a low enough price (e.g., 50% of what the house is worth), you might be able to borrow money from a hard money lender.