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27
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Jim Hart
  • Temecula, CA
2
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27
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referred to a property. Already listed with foreclosure agent.

Jim Hart
  • Temecula, CA
Posted

A good friend told me of a property belonging to the family of his kid's friend.  Father passed away a 6 months ago.   I'm  told by my friend: $70,000 back taxes due.  I checked two most recent installments paid. Wife wants nothing to do with it.  3 sons want nothing to do with it. Daughter may want it but Mom won't help.  I'm told remaining mortgage is about $140k so plenty of equity. 

Should I contact the foreclosure agent?  I can't buy it but maybe I can wholesale.  Or find a partner on bigger pockets.

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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
13,512
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23,418
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

Define "foreclosure agent". When we hear this we think of an REO agent meaning it is bank owned, or possibly a short sale agent.

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