All Forum Posts by: Account Closed

Hello Everyone,

I have come across a home that may be on sale for a significantly low value. Of course the home needs work done. However, the reason I created this post is for information about the buying process.

I previously looked up the house and saw that about 2 years ago it was in the foreclosure process. For an unknown reason the foreclosure process didnt fully complete and the owner maintained ownership. 

Recently, I heard that the home will be for sale at a very low value. 

If someone were to purchase the home would the mortgage still be tied to the property? If so can the mortgage company start foreclosure process with the new owner? I am in Florida.

Thanks!

Thank ,@Dave Meyer and @Michael S. I will bee sure to check out the links.

 @Stephen David Smith Jr. that would be great if you could provide me this there contact information. Thanks

Hello everyone my name is Marquis. I currently like in the Sarasota-Bradenton area. I became a member to gain knowledge in wholesaling. Other than what I have read and viewed, I have no experience in wholesaling but I am very determined to learn. I first would like to know if there is a market for wholesalers in my area. Eventually as I get experience in the real estate world I would like to buy homes to fix up and rent out. I welcome all information from everyone. Thanks!