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Updated over 3 years ago, 03/29/2021

User Stats

14
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0
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Kevin Bevillard
  • New to Real Estate
  • Athens, GA
0
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14
Posts

Foreclosure Process - Georgia

Kevin Bevillard
  • New to Real Estate
  • Athens, GA
Posted

Hey BP Community, 

I have a dilapidated home down the street from my current property in GA (Georgia). Over the past few weeks I spent several hours searching for the homeowner and talking to neighbors, but nobody has any information on her. The only thing I was able to get was that she has been in a nursing home of sorts over the past year and the lender foreclosed on her home. She only owed 5-15k on it and it has been 12-14 months since she was removed from the property. 

Public records show it is still listed in her name, but it is 100% in the foreclosure process (lender paid the property taxes last). How would I go about purchasing the property from the bank in the middle of the foreclosure process or is the only option to wait until foreclosure auctions come back online? The lender is Select Portfolio Servicing if that helps any.

Thanks!