Notice Of Rescission Foreclosure
I'm a bit lost in this foreclosure situation. I'm considering grabbing this property for wholesaling, but I'd like to know if it's a good idea. I'd appreciate it if anyone could give me any tips on this opportunity and make an intelligent decision.
Is it in foreclosure and heading to the courthouse steps? This can get complicated if you are racing against time between getting it sold versus the banks take over.
Can you get it sold at a high enough price to pay off the mortgage or is the owner under water?
I appreciate your help. The owner has received notice of the sale. I do not think I will pursue it anymore.
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