Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 2 years ago on . Most recent reply

User Stats

12
Posts
4
Votes
Robert Lolofie
  • New to Real Estate
  • Oklahoma
4
Votes |
12
Posts

A Seller involved with a Bankruptcy/Forclosure Defense Attorney. Possibility??

Robert Lolofie
  • New to Real Estate
  • Oklahoma
Posted

I live in my parents rental in OK which was my childhood home(Class C Area). 2 doors down is family friend who hasn't managed his life too well ie financial, marital, spiritual, and health problems.

I talked to him today and he is going to be put out on the street in a couple months because he can't keep his home.

He wants to sell to me or my dad because we've gained favor with him. 

!!!Here is the problem. He said that he "can't go into foreclosure because of the modification that the attorney set up". Don't think I have all the info I need. 

If this attorney has made payments to his mortgage for him, do I have to talk to the attorney about buying his house because of the attorney's vested interest?


Anyone have any thoughts or experience they could share with me?


Thanks in advance!

Robert

Loading replies...