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Updated over 1 year ago,

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27
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4
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Pre-foreclosure home through conventional loan

Maddy Lakshmanan
Posted

Is it okay to buy pre-foreclosure homes? The home is relatively new so I’m not too worried about the damage inside (hopefully). Yet to see home though 

what would be challenges in going through conventional loan? Would the current owner’s lender give any challenges?


would there be any existing liens? 

Hopefully, I don’t need to evict or deal with emotional distress from the owner or family while they vacate home. I empathize with them but wants to make sure I’m not putting myself in trouble. Any thoughts on this would be appreciated 


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