Foreclosure Properties That Are Vacant.
Hello I had a question about vacant properties that are in foreclosure. Can you buy them or redeem them with out owner authorization and if you can how.
Thank you,
Alfred
Hello I had a question about vacant properties that are in foreclosure. Can you buy them or redeem them with out owner authorization and if you can how.
Thank you,
Alfred
No, you cannot buy them without owner authorization if they are in pre-foreclosure stage. You can only buy them without owner, when they actually go to auction.
I would suggest trying to find an owner, if the property is vacant, they will difinitely be motivated to sell.
How would can I find the owner.
Thank you
Try public frecords or tax assessor on this site in your area
http://www.searchsystems.net/list.php?nid=143
Two words. Skip tracer.
check here for free tax assessor info or public records in your area
http://www.searchsystems.net/list.php?nid=143
Have you contacted them yet? Are you prepared to make an offer--have you done your due diligence to determine what the house is worth, what it will cost to bring up to standard (unless you intend to wholesale it to another investor)?
Do you have an exit plan--buy and hold as rental, rehab and sell, etc.?
check public records at this site in your area
http://www.searchsystems.net/list.php?nid=143
Thanks for the info. I am determined to make some money on this one.
Thanks for the info. I am determined to make some money on this one.