Question on Bill Twyford Partnership Agreement

You made a post, 12/4/02, on the beginner’s forum about partnering with an owner in foreclosure. In my mind this works well before the foreclosure sale date (assuming I have a correct understanding of your post) as follows:
1) Owner agrees to move out right away
2) You get quitclaim deed and Power Of Attorney
3) You put together your partnership (or if you like a trust)
4) Find tenant buyer (T/B)
5) You continue paying on the reinstated mortgage(s) until the future sale to T/B

What happens if the owner is past the foreclosure sale date and they are in the owner’s redemption period (75 days in Colorado less the 15 days notice period). Do you still use your partnership agreement most of the time or just buy the house from the owner with a new loan then give them “moving out” money?

Please let me know when your book comes out on this topic.

Ed-CO

Comments(6)

  • BillTwyford19th December, 2002

    Ed, my system works great in Colorado. I done over 800 deals with my system in 7 1/2 years.



    bill Twyford

  • RMelton24th December, 2002

    Bill, is your partnership agreement available?

    Bob

  • DerrickAli24th December, 2002

    BILL TWYF:
    We are ALL still Anxiously AWAITING your REI eBook/Program!

    I'm 75% away from your figures and it took me 11 Years (200+ Deals)!

    When is it coming?
    [addsig]

  • BillTwyford3rd January, 2003

    Rmelton and derrickali,

    I'm working on finishing 4 programs, "Shut Up and Stick to the Script", "The ABC's of NLP", "Get Control of the Homeowner" and "Everything is Numbers" (building a business through active prospecting) they will be done early March.

    They will be priced from $ 199.00 to $499.00.


    Thanks Bill Twyford

  • noslenj1233rd January, 2003

    Bill,

    I've been looking around for courses by yourself. Are there any available as of yet?

    Joel (the other one)

  • BillTwyford3rd January, 2003

    Joel not yet I'm married to Dwan Bent-Twyfordand we go all over the country and speak so have to write on the road. Here and Sharon Restrepo sell their books on this web-site and at seminairs.

    Nice talking to you!!!

    Trying to finish Dwan and Sharon's Speaking calender on this site (checkout calender on this site in book marks), will have it up dated by Jan 10th 03.

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