Need Short Sale Help

arthurenterprises profile photo

I am currently in the process of working up a contract on a home where the seller is currently pre-forclosure and wants to move fast, going through divorse, etc...



I have used traditional mortgage sales in the past but I think this may be a good opportunity to try to get a better discount and move a little faster to close and begin rehab. Are there any certain forms? What will the bank require from the owner/seller? Where can I find the mitigation contact for a specific bank? Any help would be appreciated. I need to move fast on this one before someone beats me to it.



Thanks!!

Arthur

Comments(2)

  • Stockpro993rd January, 2007

    good thinking but you need a little learning to pull this one off,

    Find an invesor in your area that is experience and either split the deal or collect a finders fee when they close.
    [addsig]

  • arthurenterprises4th January, 2007

    Good Idea, thanks for your help.

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