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Updated about 6 years ago,
Pre-Foreclosure? Looking for the right approach
Hello BP family,
I am looking to make an offer on a home that is currently having issues paying the mortgage. I believe this is called the pre-foreclosure phase and I want to know if any of you have experience with this type of home purchase?
How could I find out how much is owed on the home and what their current mortgage is? I would use this information to factor in what a reasonable short-sale price would be for the property. I understand they could possibly say "no," but nothing ventured, nothing gained.
Thanks all!