Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated about 8 years ago,
Pre-foreclosures in MA
Hello BP,
Wondering about the rules and laws surrounding pre-foreclosures in Massachusetts, Worcester specifically.
Basically, my question is how do I go about buying them? Can I legally reach out to the home owner and ask to take the property off their hands or make an offer? Would our real estate agent be involved with this process at all? Still very fuzzy about the details.
My partner and I are looking to purchase our first 2 or 3 family house in the Central MA area and aren't having a ton of luck on the MLS just due to prices being a little out of our range so we're interested in shifting the focus to pre-foreclosures but I'm hearing there is a lot of red tape.
Just looking for someone to maybe explain the details a little better so we know how to approach this method.
Thank you.