Sub2 question…What if their not behind? - Posted by Stewart(Chicago)
Posted by Stewart(Chicago) on January 13, 2004 at 16:56:48:
I was wondering, those of you that buy homes Sub2, are you making up back payments on most of these or are you having success finding homes that have current mortgages?
Seems like preforeclosures would go for Sub2 but would “regular” distressed sellers go for it, say… in my area they are about to close Fannie May and 11 Dominick Grocery stores, I’m sure these people are worried if the employee of one these places are the primary bread winner. Would they be interested in Sub2 even though their not behind YET?
Thanks for any response.