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Updated almost 5 years ago on . Most recent reply

User Stats

8
Posts
1
Votes
Megan Naioti
  • Attorney
  • Atlanta, GA
1
Votes |
8
Posts

Covid-19 Pre-Foreclosured Properties

Megan Naioti
  • Attorney
  • Atlanta, GA
Posted

Hello BP crew! I am a new and enthusiastic investor, looking to make my first acquisition this year amongst the covid-19 outbreak. I am focusing my energy on purchasing an investment property pre-foreclosure, since many courthouses are closed, delaying auctions. For example, I have identified a few properties in Fulton County, Georgia that were listed in the Daily Report for four consecutive weeks and scheduled to go to auction on May 5th. That obviously did not happen, so I am eager and curious to find another way to purchase the property, maybe contacting the lender who foreclosed on the property? From what I have seen, these properties are not listed on the MLS. Any advice is welcomed! I have the time and the energy to allocate to purchasing my first investment property, but I am struggling to figure out where to go from here.

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