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All Forum Posts by: Lex Luthor

Lex Luthor has started 1 posts and replied 2 times.

Post: reclaiming pre-foreclosures

Lex LuthorPosted
  • Posts 2
  • Votes 0

I'm in southern California. The pre-foreclosures I'm looking at are due to the inability to pay the mortgage. I didn't know the bank can foreclose for any other reason.

Post: reclaiming pre-foreclosures

Lex LuthorPosted
  • Posts 2
  • Votes 0

I was told that if I purchase a pre-foreclosed property from the owner they have the right to reclaim the property for the price I paid for it within 2 years. Is this correct?