Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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 6 years ago on . Most recent reply

User Stats

7
Posts
1
Votes

After Foreclosure Auction Help

Posted

Okay so I just got off the phone with the dad of the homeowner who has been getting all the letters/notices from his sons house. His sons house was bought for:

5/7/2003$107,000

The foreclosure hearing was the 27th of February, It was auctioned but the banked declined the offer. 

4/11/2018Listing removed$74,900
2/1/2018Pending sale$74,900
2/1/2018Listed for sale$74,900

The son is underwater 23,000 on his payments, monthly payments of 1,100. 

Is this too late to do anything with, ARV in the range of 160-180ks.

Loading replies...