The best deals foreclosure & lis pendens
There are many in my city looking for deals in realestate. One of the best deals as we all know is finding a house that is in foreclosure. But what about finding a home that is in pre foreclosure , or lis pendens. I have identified homes in lis pendens, but I need to verify that I can help the owners sell these homes, without Having to go into short sale.
I guess my question is can I approach owners with lis pendens to to try and have them sell their house? My clients currently are either cash buyers are working with Hard money. Is thereAny difficulties associated with that?
So Far from what I have gathered, I understand the title company would pay the bank the money that is left on the mortgage, and then whatever's left would go to the owner.
Does anyone in Florida have experience with this?