Foreclosures
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated about 9 years ago on . Most recent reply

Foreclosure Opportunity - Is it staring me in the face?
I have an inkling that my neighbor across the street is going through the foreclosure process. However it hasn't been listed in the consumer world and I haven't caught them in person to ask.
1.) For future reference Besides asking someone if they are being foreclosed on what is a more political tactic that can be effective?
2.) What is the process of accessing your local foreclosures early? Some sort of public record?
3.) in this case if I wanted to "save" them from the foreclosure on their credit history how could I buy it outright and offer to them directly? I feel like there is an easy tactic to be successful here depending upon their reaction. Can I offer them cash down and to pay off the loan if they sign over? If so which lending route do I take?
Most Popular Reply

If they are facing foreclosure, then they can't make the payments- what makes you think they will pay you back??