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Re: Wholesaling Pre-Foreclosure

August 07, 2019 01:13PM
I’m working a preforeclosure lead and not sure what to do next.. or if it’s a good lead. The seller is a disabled vet going through a divorce who is awaiting to hear whether a 2nd loan modification will be approved (within the next week) If it’s not that time he’s ready to walk away from the house as he’s 18 months behind on payments.
-Foreclosure date is 9/9/19
-He want us to come look at the house ASAP
-The estimated ARV is 418k and he owes about 318k on the mortgage. ***
But I think it’s a VA loan -
1. so is this a non deal bc it’s a VA loan?
2. How should I structure this deal (Subject 2?)
3. How do I stop the foreclosure and/or buy time before the sale date?
Pls advise. Thanks
Subject Author Views Posted

Wholesaling Pre-Foreclosure

deedee9287 5155 May 03, 2018 05:38AM

Re: Wholesaling Pre-Foreclosure

Bill H 3031 May 03, 2018 07:36PM

Re: Wholesaling Pre-Foreclosure

deedee9287 3206 May 04, 2018 09:45AM

Re: Wholesaling Pre-Foreclosure

Bill H 2922 May 05, 2018 06:06PM

Re: Wholesaling Pre-Foreclosure

Scott-CA 2785 June 02, 2018 03:22PM

Re: Wholesaling Pre-Foreclosure

GAPeach 1847 August 07, 2019 01:13PM

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