Purchasing Pre-Foreclosure Property
I have a question pertaining to the process of closing on a pre-foreclosure. Once I find a pre-forclosed poroperty I am interested in, what are the next steps I need to take to get it closed quickly? i.e. Do I contact title company, check title, then make offer? Any advice would be greatly appreciated!
Make your offer and get the owner to sign a purchase agreement (one that you can assign). Then, you can do the homework, knowing that you have the property tied up and no one is going to buy it out from under you after all your work.
If you want some more help, I'm also from Long Island. Email me and we can talk. Maybe we can help each other.