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Updated over 8 years ago on . Most recent reply

User Stats

30
Posts
5
Votes
Bradley Bladon
  • Banker
  • Chapin, SC
5
Votes |
30
Posts

Wholesaling a Pre-Foreclosure...

Bradley Bladon
  • Banker
  • Chapin, SC
Posted

Can you wholesale a pre-foreclosure? If the NOD has been filed and the property is going through it's listing phase in the local paper leading up the the auction date are there any impediments that would prevent it from being a viable (assignable) deal?

If the investor is paying cash and can cure the deficiency and bring the loan out of foreclosure status obviously w/ room to do the deal like any other then would there be any problems from the lien holder?

thanks 

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