You have to check with the foreclosing bank. In my experience, none of their contracts allow for assignment of these properties. [addsig]
I agree with paul. I have done the same but it was not a SS and my buyers just paid the "payoff amount"
I take it this will be your first time talking to a potential seller. Approach with confidence, build rapport before you go into your pitch, see if they are selling and if the price makes sense, buy it. [addsig]
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You have to check with the foreclosing bank. In my experience, none of their contracts allow for assignment of these properties.
[addsig]
I agree with paul. I have done the same but it was not a SS and my buyers just paid the "payoff amount"
I take it this will be your first time talking to a potential seller. Approach with confidence, build rapport before you go into your pitch, see if they are selling and if the price makes sense, buy it.
[addsig]