Foreclosures
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 1 year ago, 09/21/2023
Probate Foreclosure Question
Probate property in foreclosure. PR is a court appointed special administrator. Special admin will not submit my purchase offer to lender or for court approval. They have no other offers and alternative is foreclosure.
When I pushed the matter, the special admin informed me I could reach out directly to the lender with my offer and the lander could then petition the court for a sale if they liked the offer.
Will lender even look at an offer from an unauthorized 3rd party? I don't think so.
Any experiences?