MD Pre-Foreclosure Help (Owner Deceased; Family Estranged)
Hello all,
I'm new to real estate investing and am looking for some advice on the subject. The owner of the home next door to ours passed away about a year ago and had no estate from what I can tell. The house has been vacant since and the loan is in default as of this time last year. The family does not appear to be involved at all, as I've tried reaching out to several relatives with no response. The bank only recently began the foreclosure process, posting a Preliminary Loss Mitigation Affidavit just last month. Is there a feasible way to purchase this property before it goes to auction? Any insight would be much appreciated.
Andy