Owner in 4th year of chap13 house will enter foreclosure
Hey All,
My knowledge of foreclosure and pre-forclosure is minimal, looking for insight.
Back story
A colleague of mine filed bankruptcy on a property in 2015 in Savannah, GA. Bought at 137k market looks like it can support 190-205k. It is need of minor repairs to the best of his knowledge.
Idea
Looking to somehow beat the bank on them auctioning or listing. Not sure this works?
If I can get this property on a discount and flip it, that would be ideal.
How can ornwhen can I contact the bank and how do I go about getting this property under contract before others have the chance?
- Eric Giovannucci
- [email protected]