buying repossed propertysgreenspun.com : LUSENET : Repossession : One Thread
hi could you please tell me how to purchase propertys from the lenders i would like to go into renting out property is there somewhere u can find what houses have been repossed mant thanks
-- tracey waters (email@example.com), September 22, 2004
Not a good idea posting such a topic on a site dedicated to helping people keep their homes.
-- anon (firstname.lastname@example.org), September 22, 2004.
Although it's fair to say that repossessed properties are marketed through estate agents as normal these days in most cases. Any "deals" are likely to be challenged by the borrowers, and rightly so, and have to be seriously justified - but this really isn't the forum to ask. I would certainly recommend to any borrower who felt that their property had been short sold that they should challenge this.
If you're really interested the best way forward is to keep your eyes and ears open.
-- mark (email@example.com), September 23, 2004.