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Updated over 14 years ago on . Most recent reply

Brandon E's profile image
Brandon E's profile image
Brandon E
  • Real Estate Investor
  • from Philadelphia, Pennsylvania
  • Member since Feb 4, 2009
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57
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Brandon E's profile image
Brandon E's profile image
Brandon E
  • Real Estate Investor
  • from Philadelphia, Pennsylvania
  • Member since Feb 4, 2009
Connect
Brandon E
  • Real Estate Investor
  • Philadelphia, PA
5
Votes |
57
Posts
Foreclosures

Renter victim of REO

Brandon E
  • Real Estate Investor
  • Philadelphia, PA
Posted

The owner hasn't paid the mortgage in 3 months; abandoned his property, with tenants still living in the house.

The tenants are interested in buying the house so they can remain in the property, but are unable to contact the owner or get any info from the bank:

What can the tenants do to position themselves to make an offer once the bank forecloses? Thanks - Brandon

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