All Forum Posts by: Account Closed

He does not know I do it....yet. @Penny Clark. That’s kinda of one of the reasons why I wanted to come to him before the foreclosure . But after doing the research on it after I posted this I found out the auction day is on the 2nd of June. 

Ok so I have a situation and possibly an opportunity. Just need some advice and someone to kinda give me feedback and or direction on what I should do with this.... Ok so here we go.... I have a friend that has a house that I just found on Trulia. Well to my surprise it is well below market value and the original Principal Balance is $127,988...(being it is in pre-foreclosure) the POSTPONED est. opening bid for it is at $67,500. My question is of course I would like to call my friend and ask about his house (which I will probably still do) and maybe hash it out with him on a deal but that would kinda of be awkward being in pre-foreclosure phase and me asking him to buy his house right or not? Im just needing direction on how I should go about doing this and if I would be able to do anything with it. If anything I would like to wholesale it to a buyer or two but just wanting some advice or if anyone has come across a situation like this?

Ok so I have a situation and possibly an opportunity. Just need some advice and someone to kinda give me feedback and or direction on what I should do with this....

Ok so here we go....

I have a friend that has a house that I just found on Trulia. Well to my surprise it is well below market value and the original Principal Balance is $127,988...(being it is in pre-foreclosure) the POSTPONED est. opening bid for it is at $67,500.

My question is of course I would like to call my friend and ask about his house (which I will probably still do) and maybe hash it out with him on a deal but that would kinda of be awkward being in pre-foreclosure phase and me asking him to buy his house right or not? Im just needing direction on how I should go about doing this and if I would be able to do anything with it. If anything I would like to wholesale it to a buyer or two but just wanting some advice or if anyone has come across a situation like this?

It is AS IS as well.

Ok so I have a situation and possibly an opportunity. Just need some advice and someone to kinda give me feedback and or direction on what I should do with this....

Ok so here we go....

I have a friend that has a house that I just found on Trulia. Well to my surprise it is well below market value and the original Principal Balance is $127,988...(being it is in pre-foreclosure) the POSTPONED est. opening bid for it is at $67,500.

My question is of course I would like to call my friend and ask about his house (which I will probably still do) and maybe hash it out with him on a deal but that would kinda of be awkward being in pre-foreclosure phase and me asking him to buy his house right or not?  Im just needing direction on how I should go about doing this and if I would be able to do anything with it. If anything I would like to wholesale it to a buyer or two but just wanting some advice or if anyone has come across a situation like this?

Ok thank you. Is it best to get from an attorney for REI or a title company? How then can I get my hands on one?

Anyone know where I can download or get Assignment and purchase agreement for TN? Im not able to get it here on BP’s files for some reason.

Thank you @Account Closed.

Thank yo so much @Paul Timmins and @Account Closed. I will definitely look these things up and put it to use.  Thank you. 

Quick question. What would be best thing to do to show an end buyer a property or properties of a spread sheet of what the numbers can or would look like in regards to wholesaling. Should I show him before he signs the contract obviously or after the contract should be signed. I would think before so he gets the gist of what he's looking into but want to make sure to the person who wholesales more frequent than I do. Any advice will help. Thanks.