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Updated over 10 years ago on .

Robert Shoffner's profile image
Robert Shoffner's profile image
Robert Shoffner
  • Investor
  • from Charlotte, NC
  • Member since Mar 22, 2011

User Stats

58
Posts
9
Votes
Robert Shoffner's profile image
Robert Shoffner's profile image
Robert Shoffner
  • Investor
  • from Charlotte, NC
  • Member since Mar 22, 2011
Robert Shoffner
  • Investor
  • Charlotte, NC
9
Votes |
58
Posts
Foreclosures

Paying off principal balance

Robert Shoffner
  • Investor
  • Charlotte, NC
Posted
I know a payoff includes all fees, interest, etc when you buy a pre-foreclosure )or any other house). I have heard of investors paying off the principal balance only and getting the deed. What risks are there, if any, the investor that buys it? Any tips or suggestions on this? Thanks
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