Posted by BR on November 13, 2000 at 22:29:11:
Go to some sales, hang around to see what takes place. When the sheriff begins the sale he reads off the case number and then says “what sayeth the plaintiff” or something similar, the lenders attorney then starts the bidding. Laws in each state are different and therefore strategies should be taylored to your states statutes. Chances are your buddies are pulling your leg. The Foreclosure arena is the toughest area to start in.