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Pre Foreclosure Properties And HUD Foreclosures
Preforeclosure is the time between when a property owner gets a notice that he is in default on a mortgage and when he loses his home.
You can actually help an owner who is in default by helping him make his mortgage payments until you can help him sell his house.
Lets say the house is worth 200000.00 and he has 25000.00 in equity. You can offer to make the mortgage payments until the house is sold. You then take a cut of the equity plus the cost of payments youve made.... View the rest of this article by visiting BuyerBeWhere.com at the link above...
luxury real estate
Pre Foreclosure Properties And HUD Foreclosures
Preforeclosure is the time between when a property owner gets a notice that he is in default on a mortgage and when he loses his home.
You can actually help an owner who is in default by helping him make his mortgage payments until you can help him sell his house.
Lets say the house is worth 200000.00 and he has 25000.00 in equity. You can offer to make the mortgage payments until the house is sold. You then take a cut of the equity plus the cost of payments youve made.... View the rest of this article by visiting BuyerBeWhere.com at the link above...
luxury real estate
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posted by Rand Joslin at 1:05 PM
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