foreclosure


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  • i rent to a couple that owns a mobile home on land (needs work) nearby in foreclosure for a couple years. they moved out to me about a year ago
    i would like to own it
    there is a final judgement for i think 60 thousand ish
    sale date was cancelled a long time ago
    VA loan so maybe its being shifted to va
    60 is too much in todays market
    i of cousre would try to buy fom bank or va after sale or even at sale
    but does any body see a positive to getting a deed and or option from the people?
    any ideas? thanks

    im in florida

    Anonymous

    If there is a right of redemption after foreclosure then there is a benefit to getting the deed.

    You could probably stop the sale if you got a contract and tried to negotiate a short sale. That would eliminate the competition at auction.

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