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Foreclosure Forum
Moderated by: joel, TheShortSalePro, JohnLocke, bargain76
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Real Estate Investing Forum Index / Foreclosure Forum / Pre Foreclosure

Author

Pre Foreclosure

Shai

14 Posts  
Member Since: 02/09/2003
Germantown, MD
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Posted: 00:15 on 04-01-2003   
I have found a pre foreclosure that is worth about $1,500000. Can anyone tell me as to what my optins are in getting this property under contract and selling it? And what are the pitfalls that I should look for in this transaction? How long does it take before such a property is actually foreclosed upon?

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dbuddha

73 Posts  
Member Since: 03/19/2003
Concord, CA
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Posted: 00:49 on 04-01-2003   
$1.5 Mil? gosh...depends on how fast you can unload it, I think. Unless you can make those monthly payments for a while.

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