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Updated over 6 years ago on . Most recent reply
Assuming a foreclosure. Help.
Hey Bigger pockets!
I'm trying to save a veteran from foreclosure. She is 8grand behind on payments. The total amount due is 55,094.74, ARV 110k. Does anyone have experience with talking to banks to stop the process, I understand I need to threeway call with my client. I'll be doing that Monday. I am trying to assume the loan after paying off the amount owed.
Any tips or things to keep in mind? The property is in TN.
Thank you
Anthony D. Johnson
Most Popular Reply
@Anthony Johnson Got it! Very nice. Why not take the loan over Subject-To, rather than assuming it?