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Updated almost 2 years ago on . Most recent reply

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Shawn Herring
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Best way to make an offer BEFORE the property ends up at Sheriff Sale

Shawn Herring
Posted

There are couple properties going to a Sheriff Sale with the amounts owed to banks significantly less than the actual value of the properties. I want to reach out to the owners to see if I could buy the house from them before the Sheriff Sale happens. I have bought multiple SFH already, but this is my first time trying to buy from someone losing their home to a bank, so I want to be respectful... but I also want these deals. Any advice from those who have actually done this before?

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Chris Seveney
  • Investor
  • Virginia
17,651
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Chris Seveney
  • Investor
  • Virginia
ModeratorReplied

@Shawn Herring

90% of these will end up in bankruptcy as the sellers rarely want to sell as they have no other place to go

  • Chris Seveney
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7e investments
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