I can offer to buy their home cash ( hopefully at 30% discount)
Take property sub 2.
What else?
I can offer to buy their home cash ( hopefully at 30% discount)
Take property sub 2.
What else?
what state are you in ??
arizona
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.