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Updated about 5 years ago on . Most recent reply

User Stats

21
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7
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Nehemiah Smith
  • Rental Property Investor
  • Atlanta, GA
7
Votes |
21
Posts

Bankruptcy Chapter 13 Property

Nehemiah Smith
  • Rental Property Investor
  • Atlanta, GA
Posted

So I have a home owner that was referred to me by a previous client I helped earlier this year; She wants to sell her house. However, she has filed for Chapter 13 bankruptcy. Although I have a bit of knowledge working with pre-foreclosures, I am not to fond of a real-estate strategy for working with a property after bankruptcy. I want to help but I don't want to misguide her. Not how I do business. Any advice would be gratefully appreciated.

Most Popular Reply

User Stats

189
Posts
79
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Anna Catron
  • Fort Worth, TX
79
Votes |
189
Posts
Anna Catron
  • Fort Worth, TX
Replied

@Nehemiah Smith

So are you making progress? Did you decide to leave it alone? If the numbers work for both parties, it could be a win win. 

We're buying a home from a woman in Ch 13.  It's not easy!  Should be worth it, if we can get it closed, rehabbed and rented. 

  • Anna Catron
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