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Updated about 6 years ago,
Pre foreclosure home motivated to sell
Hey Bigger Pockets Members,
I am in Florida and today I meet someone who is motivated to sell their home. I looked up the address and all on Zillow and it is saying the home is in pre-foreclosure. If I am trying to wholesale this property what do I have to be weary of because it is in Pre-Foreclosure?
I am a new wholesaler and I think that the bank has some say in this.
What will I have to look out for if I decide to take on this lead ?
I’ve read online and some articles say to short sale but I wanted to see if anyone has any other opinions or can help explain some things.
Thanks guys!
P.S.: this would be my first deal if I do take it on !
Kindest regards,
Harley.