Can I Buy Foreclosure Without Lenders Permision?
I heard that once a house is schedulled for foreclosure you can negotiate with the lender for a lower than market price but what about of negotiating directly with the owner?
I would like to offer the owner to buy his house for what he/she owns to the lender plus 25% of the remaining equity, is this possible?
I forgot to say that I am in Florida
thanks to all for your help
[ Edited by reychirino2 on Date 03/10/2007 ]
Your first step would be to contact the owner, and then learn if the owner is interested in selling.
I would like to offer the owner to buy his house for what he/she owns to the lender plus 25% of the remaining equity, is this possible?
Yes. If that is your plan, you need not contact the lender.
thank you SalesPro
I am going to try my first attemp today
thank you for your help