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Updated about 7 years ago on . Most recent reply

User Stats

16
Posts
2
Votes
Javaris Lewis
  • Montgomery, AL
2
Votes |
16
Posts

Wholesaling a property heading to foreclosure?

Javaris Lewis
  • Montgomery, AL
Posted
Is it ok to wholesale a property heading into a foreclosure? Will the debt still remain on the seller or to the buyer that’s receiving it on the other end of the deal?

Most Popular Reply

User Stats

472
Posts
145
Votes
Cody Evans
  • Wholesaler
  • Fairfield, CA
145
Votes |
472
Posts
Cody Evans
  • Wholesaler
  • Fairfield, CA
Replied

Be careful doing this because if you cant buy the property and the owners put off selling the house to someone else because you put it under contract then backed out; I hear you can be liable in court.

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