How to find how much a seller owes on a property?

How to find how much a seller owes on a property?

Real Estate Professional · Fort Leonard Wood, MO · Member since 2017 · 35 posts · 3 votes
I have a client saying that she is a real estate agent trying help a family member sell a house but the seller still owes around $75000 and the house is worth $99000. I want to know the exact amount he still owes and how can I find this information. Also do you guys think this a good property to wholesale? Any advice would be greatly appreciated
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  • Real Estate Agent · Garden City, NY · Member since 2016 · 3k+ posts · 1k+ votes
    9y

    @Tony Zheng

    Only the owner can tell you what they owe on the house by calling their lender and getting a final payment amount.

  • Real Estate Agent · Watertown, MA · Member since 2015 · 366 posts · 77 votes
    9y

    That's correct, the owner or the attorney that represents her. If you can get a hold of the statements that would help as well. 

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