Get Foreclosure Under Contract?
Is it possible to get a foreclosure with a redemption period of 5 weeks to go- under contract with owner to wholesale to an investor? Or is it anybodys fair game?
Is it possible to get a foreclosure with a redemption period of 5 weeks to go- under contract with owner to wholesale to an investor? Or is it anybodys fair game?
Yes. All of the liens will be payed off as if the foreclosure never happened. The homeowner is still the owner until the end of the redemption period.
Tom
Should I still do a title search on the property, or the liens will automatically disappear with it being in foreclosure already?