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In And Out Of Foreclosure…

And then sold for $1 ?

 

Can anyone figure this one out?

 

Lyndhurst is right next door to Rutherford.

5 Comments

  1. Josh Vallario wrote:

    What are you trying to figure out? The secondary lien holder purchased the property at the foreclosure auction for $900k

    Sunday, December 3, 2017 at 11:41 am | Permalink
  2. admin wrote:

    Is that what was owed?

    Sunday, December 3, 2017 at 12:33 pm | Permalink
  3. Guest wrote:

    1, you have no idea about what you are talking about.

    Monday, December 4, 2017 at 8:45 am | Permalink
  4. Josh Vallario wrote:

    #3 i was at the auction and that is what is was told about the identity of the winner Of the bid.

    Monday, December 4, 2017 at 8:41 pm | Permalink
  5. Josh Vallario wrote:

    #3 unless Gabe was able to stop the sale during the 10 day grace period following the auction. Did he find another person to partner with, who paid off the first lien? In that case, the $1 is just a deed transfer to a different LLC.

    Monday, December 4, 2017 at 8:54 pm | Permalink

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