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Updated almost 9 years ago on . Most recent reply

User Stats

15
Posts
4
Votes
Ben Huisman
  • Winfield, IL
4
Votes |
15
Posts

Pre-foreclosure with good equity

Ben Huisman
  • Winfield, IL
Posted

I found a house that is in pre-foreclosure with good equity.  I have some basic information about the property:

the owner and lender

loan amount

equity in the property

What is the best course of action to take?  Do I contact the lender, or do I contact the owner? What does that process look like?  I am new to this so any information would be greatly appreciated.

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