Subject To's... Can it be done when bank issues a notice of default?

Subject To's... Can it be done when bank issues a notice of default?

Brea, CA · Member since 2015 · 19 posts · 0 votes

Hello. I am curious to know if you its possible to buy a property subject to its existing mortgage if the bank has issued a notice of default on the property. Lets assume the home owners are delinquent $50,000 and they have been served an NOD. Can you still buy the property subject to?

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