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Foreclosures

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Kent Johnson
  • Investor
  • Hartselle, AL
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Question about foreclosing on a purchased mortgage

Kent Johnson
  • Investor
  • Hartselle, AL
Posted Oct 29 2016, 11:08
An older gentleman I know owns a mortgage and wants to sell it. The occupant has become a problem and is way behind on payments. If he sells the mortgage will the buyer be able to foreclose immediately? The gentleman does not want to foreclose himself for various reasons. The house is in Alabama. Thx, Kent

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