You can if it is approved for a purchase transaction. NH has a program like that I have used before. I can't say I have done one in Mass but I am licensed in Mass. I'd be glad to investigate further with you. Please feel free to contact me.
Scott McCauley, NMLS# 174108
Licensed Mortgage Planner
Regency Mortgage Corp., NMLS# 1938
Hi, It really depends on thes seller. Once you know the personality type you are dealing with then it's easier to guage. Since the seller in this case is a flipper you have a pretty good chance. Flipping is a business and the longer they hold onto the property the more they lose on their investment. Time is of the essence when flipping!
Hi Jerry, don't rely on mortgage brokers for answers relating to real estate values. Every REO situation is different and you may be leaving money on the table with the advice that this person is giving you.... more