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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 approved..at 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 2064 May 03, 2018 05:38AM

Re: Wholesaling Pre-Foreclosure

Bill H 1200 May 03, 2018 07:36PM

Re: Wholesaling Pre-Foreclosure

deedee9287 1197 May 04, 2018 09:45AM

Re: Wholesaling Pre-Foreclosure

Bill H 1051 May 05, 2018 06:06PM

Re: Wholesaling Pre-Foreclosure

Scott-CA 976 June 02, 2018 03:22PM

Re: Wholesaling Pre-Foreclosure

GAPeach 20 August 07, 2019 01:13PM



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