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EHT after foreclosure

This topic contains 2 replies, has 0 voices, and was last updated by Avatar of scott scott 9 years, 2 months ago.

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  • #6473
    Avatar of scott
    scott
    Member

    This video has me wondering about trusts with 2 or more beneficaries.
    http://www.thinkbigworksmall.com/mypage/archive/10205/53951/

    Is this a landmine to watch out for? Can the house be taken back by the person that was foreclosed on or will the trust hold up? Hopefully Bill will join in on this discussion.

    #32925
    Avatar of corkhorner
    corkhorner
    Participant

    A good question to bring up on the Saturday morning conference call.

    cork horner

    #32926
    Avatar of dave salcido
    dave salcido
    Member

    You have two choices:
    1. Keep moving forward.
    2. Don’t do it.

    #32927
    Avatar of scott
    scott
    Member

    @Dave Salcido wrote:

    You have two choices:
    1. Keep moving forward.
    2. Don’t do it.

    This is true, but it doesn’t answer the question. If it works it would be a nice tool for us to team up with all the nervous cash buyers at the foreclosure sales.

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