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Updated over 1 year ago,

User Stats

94
Posts
6
Votes
Sean Dougherty
  • hilo, hi
6
Votes |
94
Posts

Making offers directly to lenders on a pre-foreclosure/probate property.

Sean Dougherty
  • hilo, hi
Posted

Dealing with multiple probate properties that are in pre-foreclosure. Special administrator assigned as PR. He does not want to petition court for sale due to my offers being short sale offers. 

Special administrator suggest I contact bank directly with my purchase offers. If bank likes my offer, they can petition the court to sell. At that time commissioner says he would sign off on it. 

He will provide me the loan numbers and 3rd party authorization. 

Has anyone had experience with this scenario?

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