- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Tax Title Sales?
Posted on 2/9/15 at 1:00 pm to Clyde Tipton
Posted on 2/9/15 at 1:00 pm to Clyde Tipton
quote:
If they owe money to the bank on it, a representative of the bank will be there bidding against you.
i do not believe thats how this works. its a downward bid from 100% ownership stake.
the bank can either pay the debts off and own it now, or buy me out later with the 5% penalty plus 1% per month, if i am understanding right. it isnt a bid up the price auction, its a downward bid in ownership percentage.
though id be fine with market price, whatever, i just dont think thats what this is.
This post was edited on 2/9/15 at 1:04 pm
0
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News