Sheriff Sale Tomorrow, Heir can not be found!!! - Posted by Nate Tyler
Posted by Nate Tyler on March 13, 2002 at 19:17:37:
Property goes up for sale tomorrow morning at 10am…we can’t find the heir anywhere in the state. We could hire a PI, but we won’t get that done in time to make the Sheriff’s Sale.
Is there any reason why we couldn’t just let the property sell at the sale to whoever…then try to locate the heir after the fact and offer to buy his redemption rights. After buying the rdemption rights could we not then redeem the property on pur own???
Deal looks like this
1st and only plus fee’s etc… $16K
Repair costs $15K