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Updated about 5 years ago,
Subject To Investing
Hey BP community, couple quick questions for you all this morning in regards to a property I am looking to take over subject to the existing mortgage.
•Can I acquire the home if the owner has filed for Ch. 13 bankruptcy ?
• Does it matter that this property will potentially become a short sale from the bank?
•Would the only reason a bank may call the loan due is if the property potentially can sell on a short sale for more than what’s owed on the principal?
Thanks Everyone!