So the house next door to me was sold last may for tax liens, and the company that purchased it is in the process of foreclosing. The owner has only stopped by twice in the last year.
Anyway I know the lien was around 12k, the company bid 80k. As, is condition is valued around 180k. Needs about 20-25k worth of work and ARV will be 250-270k.
I did a reverse search and found the owner’s office line, and I have the attorney’s number that is handling the foreclosure.
What should be my course of action at this point? This house would be a GREAT flip, and a good rental too.
Help? I am not too familiar with the pre-foreclosure process.