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RJ M
  • Real Estate Investor
  • Maryland
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Property is scheduled to go up for foreclosure auction next month

RJ M
  • Real Estate Investor
  • Maryland
Posted Mar 8 2010, 02:23

I came across a property scheduled to go to foreclosure in April. I was told by the lawyer who is handling the foreclosure that the house is currently in posession of the owner. Is it true that I can get in trouble if I approach the owner facing foreclosure to purchase the house and sell it later for a higher price than what the owner currently owes for the house?

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