My husband is a licensed in every handyman job there is. This would be our first home or flip or rental. I have found a house that has 2 mortgages. And I know the approx value: about $100K, plus $32K in Federal Tax, and $10 K in other tax. With lots of liens on it (the mowing of the yard, etc). I pass by and I see one light turned on it the house and a big lock in the front. It has a basement because it has a door to go to it. I know this area well, because I rent here. The houses are going for about $300K at least. I have the address of the wife, and the loan co. told me by spring, it should be in foreclosure. I'd like to talk to the lady first, but I don't know if it is recomended and I don't know what I'd say. I'd like advice on what I can tell her and if there is a specific type of loan I can get.
Thanks for all and any advice and help.
2007-02-21
06:41:40
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9 answers
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asked by
T-girl
3