While searching for pre-foreclosure properties, I found an acquaintance property listed in 1 day. I immediately contacted the family, and to my surprise, the owner (husband) was not aware of the default ($11,500) as they are going through a divorce.
The original purchase price was $351,491 in 2007: 4/2 w/ 2645 sq ft living area, 14374 lot size with a pool. The sale price is posted at $186,850.
I want to help this family. Where do I begin. Please help.
Violet
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This property is in pre-foreclosure with $39,785 defaulted amount. It was built in 2006, purchased amount $581,250. The listed price as of today is $257,202.
I would like to invest in this property. Any suggestions/comments. Please keep in mind that I have only been reading about real estate now for 2 weeks tomorrow.
Violet