I think I need a real estate lawyer.
I have identified 2 properties that I would like to buy that are not on the market because I know the owner, and he is willing to do a deal.
The issue is he is scared to really move forward because he filed for bankruptcy and these houses were named in the bankruptcy. After checking with the city records the properties still show up under his name, as a tax delinquent going back about 5 years on both houses.
He said that he is afraid to move forward because he thinks that if we try to work something out the mortgage company will come after him.
What to do, what to do...any suggestions BP Fam?
I figured a good real estate lawyer in Philadelphia PA would be able to help on this.
Thanks,