Get Foreclosure Under Contract?

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Is it possible to get a foreclosure with a redemption period of 5 weeks to go- under contract with owner to wholesale to an investor? Or is it anybodys fair game?

Comments(0)

  • tbelknap23rd July, 2003
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    Reply

    Yes. All of the liens will be payed off as if the foreclosure never happened. The homeowner is still the owner until the end of the redemption period.

    Tom

  • tdelo5623rd July, 2003
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    Reply

    Should I still do a title search on the property, or the liens will automatically disappear with it being in foreclosure already?

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