Foreclosure and Lis Pendens Questions

[Steeve Gauthier]

Hi all,

I found a duplex that in a pretty decent area but it has some stipulations surrounding the property. The duplex is currently a foreclosure and has a lis pendens. The sale is also subject to court approval. With that said, I did have some questions on this. 

1. Since this is a foreclosure home, does this qualify for the HUD $100 down program? Or does this specifically have to be offered on the HUD website?

2. There is a Lis Pendens on this property. I am assuming that there is an active lawsuit/lien that will need approval of the court to purchase. How do I go about getting more information on this?

3. Since this a foreclosure home and the sale is subject to court approval, is the asking price the required price we are to pay in this transaction?

I appreciate any insight you can provide on this.