what are the options to the homeowner in foreclosure

I can offer to buy their home cash ( hopefully at 30% discount)

Take property sub 2.

What else?

  1. buy the home on a owner note >>>> resell the note >>>> flip the home for a profit

what state are you in ??


Options to the homeowner: Forebearance, loan modification, mortgage refinance, second mortgage\line of credit, deed in lieu of foreclosure, reinstate the loan, file BK, list the house with a realtor, do nothing or sell the house to you. It is your job to convince the seller the best thing to do is sell the property to you - if the numbers work. Mark.