Foreclosure Newbei Help!

I found a young home owner who is in foreclousre and I have the money to buy the property which has a market value of 80K and I can realize a 20K profit. She is willing to sell the property to me but, the only problem is that I don't have a step by step formula to aquire the property. I don't know what to do www.first.Can somebody tell me how to go about this I got the money but no knowledge.

Comments(4)

  • JohnLocke18th July, 2004

    20352035,

    Glad to meet you.

    Find a title company in your area and tell them you want to purchase this property and the circumstances.

    Since this is not a creative deal it looks conventional from what I am reading in your post, the title company should have all the paperwork you need to purchase this property or will certainly guide you in the correct direction.

    John $Cash$ Locke
    [addsig]

  • 2035203518th July, 2004

    Thanks-
    I hope it is that simple to get help from the title company.

    I also would like to bird dog-Is it a good idea to bird dog for a family member?My brother lives in West Palm Beach I am in Tampa. I would like to be a bird dog for him would that work out well with the relation and the distance? I also owe him $2K . I am worried he might keep my pay to satisfy the debt. Should I addrees this before I start working with him?

  • miraclehomes19th July, 2004

    Have you considered trying to aquire this creatively?

  • 2035203519th July, 2004

    I am new to this and don't know how to do this creatively. Any suggestions will be appreciated.

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