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Updated over 5 years ago on . Most recent reply

Account Closed's profile image
Account Closed's profile image
Account Closed
  • Rental Property Investor
  • from Yuma, AZ
  • Member since Jun 14, 2019
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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

Seller behind on payments

Account Closed
  • Rental Property Investor
  • Yuma, AZ
Posted

A seller told me he hasnt paid for 9 months.

His payments are 850. That would be 7,650, But what about penalties, taxes, attorneys, etc etc. How can I know exactly how much I’d have to pay in order to get the seller out of foreclosure?

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Tony Hightower's profile image
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Tony Hightower
  • Rental Property Investor
  • from Clarksville, Tenn
  • Member since Apr 1, 2017
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72
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Tony Hightower's profile image
Tony Hightower's profile image
Tony Hightower
  • Rental Property Investor
  • from Clarksville, Tenn
  • Member since Apr 1, 2017
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Tony Hightower
  • Rental Property Investor
  • Clarksville, Tenn
34
Votes |
72
Posts
Tony Hightower
  • Rental Property Investor
  • Clarksville, Tenn
Replied

@Fili Aguirre you don't need to get them out of foreclosure. Write a contract, take to title company and have their attorney call and tell mortgage company you have a contract and get to hold foreclosure so you can close.

"I am not a lawyer and this is not legal advice." Just what I would do.

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