A Miller
MN REO home for less than owed...what is this?
250K mortgage...home was foreclosed on and sold at the sheriffs sale. MN has 6 mo right of redemption so I called lender to find out what the price was if the homeowner wanted to get current. They said the homeowner...
Matt Pfefferlen
Irs lien on foreclosure
I am looking at buying a foreclosure from a second lien at trustee sale. There is an IRS lien junior to the second lien. If I go ahead and payoff the first and the IRS redeems within 120 days will the IRS reimburse ...
Christian Barth
Buying a property after Auction in Minnesota
I am looking to buy a property in minnesota where the auction date has passed. Does the owner just quit claim the deed to me? also, he had 50k in liens before the auction. Do those liens drop off after auction? i ran ...
Cody Mina
Tax deed information
If I buy a a 2014 tax deed from the state ,can the last owner get back the building and land even though it has been 5 years after the redemption period?
Gideon Blustein
Tax Deed Sale - Should I buy Title Insurance?
I was the successful bidder on two parcels in my local tax deed auction. I'm wondering if I should bother with title insurance? My research has not turned up any surprises or concerns on the properties so what would I...
Jeff Sheraton
Buying Local Notes
I'd like to start purchasing non preforming notes in my local area. Does anyone have any suggestions as to how I could find notes sorted by location?
George P.
Just closed on #12 rental
Been working on this one for awhile. wifey and I took a walk in out neighborhood and saw a house with a sign on it. contacted the agent, it happened to be in a redemption period. their price was set at 93k. i used to ...
Bradley Bissett
Post sheriff sale acquisition
Hello everyone. I am a commercial loan officer at a small community bank. I've been a lender for 10 yrs and seen so much in this short timeframe. Safe to say we operate in a totally different way than a big bank does....
Kerry W.
What is the payoff for a lien that went to sheriff sale in MN?
I am wondering what will happen to a condo in MN that is owned free and clear except for an association lien. The lien is for $6000 and went to sheriff sale and bid at $41,000. The owner wants to pay off the lien befo...
Marcus Holloway
Tax Liens --- Worst case scenarios
I purchased my 1st tax lien (Lake County, IN) in last year's tax sale. Though, I've hired a lawyer to comply with the deadlines and notifications within the 1 year redemption period; I waited almost until a week befo...