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Andy Vaughan
  • Rental Property Investor
  • West Monroe, LA
26
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11
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Buying SFR direct from foreclosed mortgage company

Andy Vaughan
  • Rental Property Investor
  • West Monroe, LA
Posted Feb 17 2019, 06:03

Has anyone successfully bought a property from a mortgage company that has already foreclosed and tried multiple times to auction the property? A SFR that has been on an auction site for 6-9 months and has never met the reserve is opening up again. I am wondering is there any way to do an end around and talk with someone direct at the mortgage company to buy it that way? Anyone have experience with this?

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