Think about qualifying the Buyer and he lives in your house for a year, Defaults and the place is trashed on the way out when you go through Foreclosure.

Hi all,I bought a foreclosure for cash ($14,000) and have put $60,000.00 cash into it.

It's a foreclosure with a ARV of 160, and we offered full asking at 120k.

@Ned CareyDo you have some foreclosure lawyers for Allegheny, Kent and Sommer county in MD?

hello to all,I am derrick shipman in Atlanta ,ga.i ran into a gentleman whose home is about to be foreclosed on 2-7-17.we both want to do a subject to.he contacted his mortgage company on this past Monday to try and get payoff figures (so I would know to the penny how much I would be assuming).here it is Friday evening and we cannot get a payoff -mortgage company is saying it takes 5 to 7 business days-problem is the foreclosure is this Tuesday.in light of that I wanted to know if anyone is experienced in guesstimation the payoff with the information I do havethis is on the 2/1/17 mortgage statement1) outstanding principla balance $237,793.212) escrow balance (-6755.62) yes that is negative3)total amount due 2-1-17 is $27890.22 which includes (25513.43 past due payments) plus (228.75 principal) plus (853.23 interest) plus (418.81 escrow) plus (15 late fee) plus (861 corporate advance)4) the monthly payment is 1500.79 and his interest rate is 4.375

I'm interested in picking up a foreclosure so I tracked down the law office that is handling the case.

@Ethan Summers Peace bro,I am cold calling owners facing tax foreclosure in the next 30-60 days.

I've done a good amount of work on family homes and Habitat for Humanity projects to know home repair basics.My goal is to get comfortable enough with the process and paperwork to buy a foreclosure with minimum overhead.

Also, I don't bother calling banks in the fast foreclosure states like TX, GA, AZ, NV or NC.  

It depends on how your county reports all the foreclosures.