Does anyone buy Pre-foreclosures?

[Shane Ward]

I’ve been interested in buying Pre-foreclosures but haven’t given it a try yet. What strategies have some of you tried that have been successful?

[Chris K.]

@Shane Ward

Are you looking at short sales? Just note that for residential properties, lenders often have restrictions on the amount that they can approve. And it's often a long process where the lender needs to get permission to do so. 

Disclaimer: While I’m an attorney licensed to practice in PA, I’m not your attorney. What I wrote above does not create an attorney/client relationship between us. I wrote the above for informational purposes. Do not rely on it for legal advice. Always consult with your attorney before you rely on the above information.