Skip to content
Wholesaling

User Stats

83
Posts
25
Votes
Michael King
  • Real Estate Agent
  • Fitchburg, MA
25
Votes |
83
Posts

Seller Filing Bankruptcy

Michael King
  • Real Estate Agent
  • Fitchburg, MA
Posted May 12 2015, 04:06

Hi everyone,

    I received a call from a lady yesterday who is filing bankruptcy and wants to sell her house quick so she can just start over. I am wondering what the best course of action is. I'm not sure if buying "subject to", trying to get a lease option, or offering a lower cash price is such a good idea in this case. Don't some sales have to be approved by the bankruptcy lawyer?

    I have not spoke with her yet, but did leave her a return message. I just want to make sure I know what I'm getting myself into before I talk to her.

    Thanks!

                 Mike

Loading replies...