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Updated about 4 years ago on . Most recent reply

SWAT Raid = Foreclosure Opportunity?
This morning the SWAT team raided a home in a nice neighborhood ranging from $220k-$280k. Could this be a potential pre foreclosure buying opportunity? The house is in excellent shape aside from the front door where they forced entry. Trying to find the mortgage holder. They won't see another dime. All input is appreciated.
Most Popular Reply

Could be a rental, owner will still make payments, fix door, find new tenants... Keep an eye on it and jump on the opportunity if one presents itself but not necessarily an in indicator of a deal. Also, could be meth lab and require decon :)