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Financial Planning / Tax Strategies


Subject:  Re: question ... Date:  6/21/2013  4:11 PM
Author:  aj485 Number:  118727 of 123001

DW, who has been handing our RE investments -- or mishandling them -- wishes to save a certain property from foreclosure, and has located a buyer who will buy it at a fraction of its cost, with an agreement to sell it back (at a fractional -- but higher -- price than that) in six months (by which time she believes she will be better able to handle the mortgage payments). The main reason she wants to get it back is that the people who are in there now want to buy the property in a year or so; she'd really like to sell it to those people right now, but they can't pay now....

This sounds (to me) like an expensive way of get