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Updated over 5 years ago,

Account Closed's profile image
Account Closed's profile image
Account Closed
  • Rental Property Investor
  • from Yuma, AZ
  • Member since Jun 14, 2019
Connect
Account Closed's profile image
Account Closed's profile image
Account Closed
  • Rental Property Investor
  • from Yuma, AZ
  • Member since Jun 14, 2019
Connect
Account Closed
  • Rental Property Investor
  • Yuma, AZ
45
Votes |
637
Posts
Foreclosures

[PRE-Foreclosure ] QUESTION

Account Closed
  • Rental Property Investor
  • Yuma, AZ
Posted

If an owner in pre-foreclosure has a house almost paid off, lets say mortgage 100k

And he has paid 95k, he just has to pay 5k to pay off his mortgage But he is in foreclosure, so, you help him and you paid his back payments, do you give him some of his equity or you pocket the 95k in equity?

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