Updated almost 13 years ago on . Most recent reply
House in Foreclosure and Has Equity
First of all this house is in foreclosure in FL and is going to sale This Dec 7th so not much time. Loan is 101k not sure about the back payments yet. Prob about 2 years behind. Also an IRS tax lien most likely attached to the property about 28k but I'm not worried about that right now. ARV is 170k-240k. I know thats very broad. Sorry. Needs minor repairs. Has been completely rehabbed in the last 5-10 years. I know there is a deal here I just have to figure out how to structure it. Can I stop the sale if I bring the payments current or does the loan need to be paid in full now?