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Updated over 2 years ago,

Lucas Howes's profile image
Lucas Howes's profile image
Lucas Howes
  • from Fairfax, IA
  • Member since Mar 29, 2016
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Lucas Howes's profile image
Lucas Howes's profile image
Lucas Howes
  • from Fairfax, IA
  • Member since Mar 29, 2016
Connect
Lucas Howes
  • Fairfax, IA
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Foreclosures

Sub 2 on a foreclosure

Lucas Howes
  • Fairfax, IA
Posted

Can you get subject to financing on a foreclosure? Basically the idea would be seller is being foreclosed on and owes 80k, plus 5k fees for the foreclosure. Can I just pay off the fees and then start making payments on the 80k and take over the loan? Is this legal, or is it a state by state thing? Also, does anyone have any experience doing these? Thanks!

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