I would like to take over the payments of a foreclosed 2br 2ba home. Ready to move-in 6/1. Approx 1100 .

Asked by P, New Jersey Sun May 3, 2009

country, quiet, well established neighborhood. Anyone out there in the HighPoint, Jamestown, Archdale. w/central heat/air pnixon1234@yahoo.com

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Larry Story’s answer
Larry Story, Agent, Greensboro, NC
Sun May 3, 2009
P,
Sorry but if a home is foreclosed on then the bank now owns it so there are no payments to take over. Your best bet for a deal like this is to maybe ask for someone to do a lease/purchase with you. That way with a small option deposit you can move in and start making payments. You will have to give a timeline for being able to follow thru and buy the home. You are basically asking for owner financing.

Hope this helps,
Web Reference:  http://www.storybookhomes.ws
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