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Updated over 10 years ago,
Neighbors are divorced and are motivated...what should I do??
So I don't have much experience with Real Estate investing but I know there is opportunity here and I need your help. My neighbors are divorced and their in pre-foreclosure status. The husband has moved out and neither one has paid the mortgage in a while. I believe the husband was court ordered to pay for the mortgage but according to his wife, he would rather let it foreclose.
My question is, what is my best option here? Do I offer a subject-to deal (which I don't know anything about)? Do I first find out how much they owe and use that info somehow? As you can tell I don't know anything about this.
Thanks!