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Updated almost 3 years ago on .

User Stats

56
Posts
14
Votes
Carol Burns
14
Votes |
56
Posts

Looking to buy property/owners in Chapter 13

Carol Burns
Posted

Property used to be up for foreclosure, now owner has declared bankruptcy.   County said that the trustee dropped the foreclosure.  Property owner contacted me offering to sell for a pretty steep price.  My question is, is there any way to contact the chapter 13 trustee or whoever is handling the bankruptcy and go directly to them with an offer?  I'm sorry, I really don't have any idea what I am talking about so that may not make sense.  I've never been in this sort of situation.   Any advice about how you all would go about this?  The property was in our family for many years and I would love an opportunity to buy it back if possible.   I think the current owner is hoping my nostalgia about the property will net her a big gain.   I really don't want to go to any local realtors for advice because I'm afraid they would go straight to their investors with it, as it has the possibility of actually being a great investment in the long term.   Any advice would be appreciated, thank you!!