Foreclosure in Flathead County : Real Estate Advice

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Ben Lombardi, Real Estate Pro in Whitefish, MT
Ben Lombardi asked:
If you purchase a home through foreclosure or trustee sale of a second junior mortgage, do you , as the purchaser, have the right to assume any senior loan (i.e. 1st mortgage) from the lender? Is there an obligation, federal or state, that a senior lender must allow the assumption of their loan by the new foreclosure purchaser.
0 votes Share Flag Sun May 8, 2016 Foreclosure in 59937
Shannon Chaix, Real Estate Pro in Lakeside, MT
Shannon Chaix answered:
How do I find foreclosed homes for rent? Because of hard times I am looking for something very reasonably. I would take excellent care of the home.
Nancy,

I hope things have started to look up for you. In my past experience foreclosure homes do no get rented out. Foreclosed on homes are owned by the bank and they just want to s ... more
0 votes Share Flag Tue Dec 4, 2012 Foreclosure in 59901
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