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Wholesaling

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Ashley Pittman
  • Indianapolis, IN
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Can you wholesale a pre forclosure?

Ashley Pittman
  • Indianapolis, IN
Posted Oct 9 2013, 16:25

Hi All,

I have a seller who wants to sell me there house but it is in pre foreclosure.She wants $27,000 but it is estimated value on find cash comps.com for $64,000 plus homes in their area goes anywhere from $45,000 to $70,000. Decent area and township schools. I am going to talk her down some too. I know I would have a buyer swipe this up quick. Is this something I want to mess with? Would it be a sticky situation since it is in pre forclosure? I want to call her back asap. Since she is behind on payments and everything what does that look like for a wholesaler? Thanks in advance for all your help.

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