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Updated over 8 years ago,

Eric Griemsmann's profile image
Eric Griemsmann's profile image
Eric Griemsmann
  • Investor
  • from Stuart, Florida
  • Member since Mar 17, 2016
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193
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32
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Eric Griemsmann's profile image
Eric Griemsmann's profile image
Eric Griemsmann
  • Investor
  • from Stuart, Florida
  • Member since Mar 17, 2016
Connect
Eric Griemsmann
  • Investor
  • Stuart, FL
32
Votes |
193
Posts
Foreclosures

Is there a solution?

Eric Griemsmann
  • Investor
  • Stuart, FL
Posted

Is there a solution? I am new to Real estate investing. Can you offer a lower payoff for a home to a bank if the owner knows its going to go to foreclosure or do you have to wait until it goes to foreclosure. What happens to the owners negative equity? Thank you in advance for your thoughts.

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