Use a form to buy Right of Redemption or just wing it?
Thanks for any help you can offer. I'm in the process of buying the Right of Redemption of a post-Sheriff Sale mortgage foreclosure. It is presently one month into its 6 month redemption period. Do I need a special form to do so, or can I just use an adapted Purchase Agreement? Should this document be recorded at the courthouse to protect against the "owner" selling the Redemption rights to another investor, or is the simple fact that I'll be 'first' sufficient to protect me? Thanks! Thomas, Minnesota, **Please See My Profile** BBCode End -->
Did you ever get any more info regarding this? I would be interested in any forms that you may have come across.
I didn't get any leads (I still haven't found anyone in this forum who is doing this) but I decided to use a Quit Claim Deed, which effectively cedes all claims (both good and bad!) on the property to me, the "buyer."