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Foreclosures

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Mike Mosby
Pro Member
  • Real Estate Investor
  • Atlanta, GA
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18
Posts

Pre-Foreclosure on Cash Purchase

Mike Mosby
Pro Member
  • Real Estate Investor
  • Atlanta, GA
Posted Jul 24 2021, 19:04

I was looking through some listings on Propstream and found a house that has reached the "Notice of Trustee's Sale" stage of pre-foreclosure but it shows it was purchased in cash so there is no mortgage on the property.  Any ideas on how to lock up this property before the auction?  Or any ideas on how a cash purchase ends up in foreclosure?

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