I'm in the process of picking up a property that was in tax foreclosure before the sellers filed bankruptcy.

Now the home is technically in pre-foreclosure but there is no set court dates and they haven't received any letters or notices from the bank about them coning and taking over the property.

Pre-foreclosure notice received?

says Robert KyioskiThey also say "it will never go down" The reality is if the investment they used equity on goes bust, they lose their job and/or there is a major correction on home values then the investor could face foreclosure, and/ or a huge financial loss. 

They halting evictions during a crisis as well as foreclosures in a lot of places but both owners and renters have to pay for every day they live in or own a property. 

Unfortunately the property ended up underwater and then in foreclosure for a couple years.

I understand probate, tax and foreclosures, happy to answer any direct question, feel free to DM.

Thus, I purchased the HOA lien from the HOA and started the foreclosure process on the land.

Now your referral fee will bring that home to you first, after you buy the first home and he/she knows you are honest.The park manager knows if they have not paid their lot payments, she knows about every foreclosure mobile home.

Theres a home I'm looking at in foreclosure(100k) but according to the tax offices, its considered a "double wide" and banks near me wont mortgage these homes.