Are there any creative ways to buy a house when the owners stoped forclosure by filling Chapter 7. I am not exactly sure how far behind the payments are. I know this is vague but any assistance would help.
One can do a sub 2, lease op purchase, contract for deed, or place it in a trust just to name a few.
You really need more details!
Do you even know if the property owner is interested in selling?
What status is the bankruptcy case in?
Do you know what is owed vs the market value?
Do you have the money to bring the loan current?
[addsig]
Find out if their loan is assumable. If it is, have the owners get a statement telling them how much is needed to reinstate the loan.
fulky
One can do a sub 2, lease op purchase, contract for deed, or place it in a trust just to name a few.
You really need more details!
Do you even know if the property owner is interested in selling?
What status is the bankruptcy case in?
Do you know what is owed vs the market value?
Do you have the money to bring the loan current?
[addsig]