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Author Topic: wyoming question  (Read 1787 times)

Offline big tom

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wyoming question
« on: May 23, 2006, 06:10:07 pm »
Pre-foreclosure in Wyoming, problem/question.  
I live out of state but have under contract (sub2 with trust etc.) a house there.  It is set for a foreclosure sale within about 8-9 weeks, too short to fix up (paint/carpet) and get flipped for retail.  In Wyoming the owner has three months after the sale date to redeem the property.  We are willing to take that time risk, i.e. 5+ months from now until close on the flip.  Question; do I get the redemption as a sub2 owner or only the client who borrowed the funds originally?  Can�t find a REIA in Wyoming so other referral is really appreciated.  Thanks  Tommy

 




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