Foreclosures

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Purva Mehta
  • Realtor
  • Houston, TX
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Information to reinstate loan in state of Texas

Purva Mehta
  • Realtor
  • Houston, TX
Posted Jan 15 2022, 20:07

Hello BP family, I am trying to get my feet wet on understanding the process channel to acquire a property pre-foreclosure. I understand the first step is to get the information to reinstate the delinquent loan on the subject property. What is the best way to go about getting the information on amount required to reinstate the loan. My personal experience is the trustees or the mortgage company will not directly share this information with investor. Unfortunately, the property owners at times are just so stressed out and sometimes just careless to not get that information either. What is the best approach as an investor I should adapt to get this preliminary information?

Any thoughts/suggestion/advices are greatly appreciated.

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