NEED HELP WITH FORECLOSURE - Posted by Rudy Washington

Real Estate Investing
1

Posted by Michael A. Bardelli on August 02, 2003 at 18:03:01:

Rudy,
You cannot take over anything without the owner “giving you the deed”. There is no way to go behind an owner’s back. You can try to purchase the defaulted paper from the lender that holds the loan. If they don’t want to sell it, then you must find the owner. If you do purchase the paper from the lender, then you will have to complete the foreclosure yourself to obtain the property in “as is” condition.

Sincerely,
Michael A. Bardelli

2

NEED HELP WITH FORECLOSURE - Posted by Rudy Washington

Posted by Rudy Washington on July 23, 2003 at 12:25:54:

I have found a vacant home, Mortgages are in arrears 3 months. Cannot find owner, Is there any way I can take over this house by catching up on payments, I know who the loan is with but cannot locate owner. Thanks!!! desperately need help.