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Updated almost 6 years ago on . Most recent reply

User Stats

18
Posts
5
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Chandra Reid
  • Real Estate Agent
  • Philadelphia, PA
5
Votes |
18
Posts

Tips on Wholesaling Pre-foreclosure

Chandra Reid
  • Real Estate Agent
  • Philadelphia, PA
Posted

Hi, I’m wondering how many wholesalers are getting contracts mainly via Pre-foreclosures.... how has the process been?

Most Popular Reply

User Stats

23,418
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13,508
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
13,508
Votes |
23,418
Posts
Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

If you can’t Actually buy, please don’t mess with preforeclosures.  The Last thing someone facing foreclosure needs is someone who can’t actually buy tying up their property for a month or so, Hoping to flip it to an unknown buyer.....when you fail, they now have no time to sell it to a real buyer before foreclosure.

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