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Updated about 10 years ago,
Bankruptcy over 3 years ago but home is not foreclosured
I found a house that is owned by an absentee owner. Looked her up in Facebook and sent her a message on there because I ran out of stamps to send letters and she just replied to me! Direct messaging might be the future of real estate!
However now I am super confused. She bought the house in 2006. One mortgage for about 250k. She stopped paying the mortgage about 3 years ago and filed chapter 7 bankruptcy in December of 2012. She hasn't received any paperwork about the property going into foreclosure or anything and because she included the home in the bankruptcy she is no longer obligated to pay anything on it.
My question now is how do I buy this house from her? Short sale? It isn't in foreclosure and there was only ever 1 lien holder.