Buying in pre-foreclosure...with some added complications

[Rob White]

Im looking at a condo which is in the $100,000 range and curious if anyone has seen these as red flags or possibly if im getting in over my head. Ill bullet the items to make it easier.

- Seller says the foreclosure is incorrect and doesn’t belong to the property, so he is fighting it in court to get it lifted, but is looking to sell.

- He wont tell me the current rent of the condo

- Wants to use a real estate Lawyer for the transaction. (A question here is, should I be using his lawyer or should i be the one to chose a lawyer. The condo is in my home state and he is an out of state owner.)