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Updated almost 8 years ago,
Foreclosure Scenario please advise
Greetings!
Can someone help me with the scenario below. Please advise if this is realistic with distressed homeowners.
> Example: Homeowner is going into foreclosure and unable to work with lender or bring loan current.
> Investor negotiates to bring loan current and give homeowner cash for keys and take over payments.
> Homeowner agrees and also signs over rights to deed to investor