Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Foreclosures
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 15 years ago,

User Stats

2
Posts
0
Votes
Justess M.
0
Votes |
2
Posts

REO sale stopped by bankruptcy

Justess M.
Posted

Hey. We had a property under contract and we were 2 days from closing when we found out Fannie Mae didn’t have title to the house because the owner filed chapter 7 bankruptcy within 10 days after the foreclosure sale (NC law). This was going to be my permanent residence and not a flip. The bankruptcy is a Chapter 7, no assets and the owner has moved out. What would be my best course of action to still make this deal happen?

Thanks!

Loading replies...