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Updated almost 10 years ago,

User Stats

534
Posts
216
Votes
Mike Flora
  • Investor
  • Menifee, CA
216
Votes |
534
Posts

Reducing pre foreclosure back payments

Mike Flora
  • Investor
  • Menifee, CA
Posted

I have a deal I'm working on with a pre foreclosure and my seller has about 11K in back payments. All cash deal and the seller wants just a little more than our HPP. The seller is calling in the morning for a loan balance payoff amount, can the seller ask for a small reduction on the balance due to gain that little extra so I can close the deal for sure and help her out of her situation on an even higher note?? Cash deal obviously.