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Updated over 10 years ago,
Buying form an owner that has a private mortgage
hi guys,
Got a lead that is motivated. Her words are , "I just want this night mare over with"
She's an absentee owner
Currently on deed as owner (per county records)
However, I just learned from her that she financed the home with a privately held mortgage.
She has some taxes owed, outstanding fees with the association and may have a lien.
This will potentially be my first deal and I want some advice on how to approach this situation.
Thanks in advance.
Colin