Advice For Good Forclosure List

Can anybody recommend a good foreclosure list supplier for Colorado area?



Thanks

Comments(2)

  • hifive029th August, 2006

    Basically payoff on 1st OptionOne w/ prepayment and late charge is around $282,000. 2nd Wilshire - owner owes around w/ accumulated charges $70,000. Sales price is$325,000 and closing cost totals $21,000. Wilshire will net around $22,000 but they want to net $30,000. I was talking to mitigation agent for Wilshire today and she told me the investor will not accept short sale, they want full payoff. Last sold in the building is $310,000. More time will pass , more fees to pay off Option One and by the time they go through foreclosure they will net nothing. Does this make any sense? I hate to walk away from this decent offer... Is there any way to change the investors decision?

  • topher115th December, 2006

    I know this post was from awhile ago but I just thought I would ask a question. In this situation could you not offer to buy the first at full price or even a little more and then proceed with the forclosure and wipe out the second? Other wise if you cant short one of the loans theres no room for profit. Thoughts........

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