, I'M LOOKING TO BUY A FORECLOSED HOME. . BUT, THEY ARE REPRESENTED BY MY CURRENT MORTGAGE CO , DO I HAVE TO GO THROUGH THEM IF I PAY OUTRIGHT?

Asked by Elnora Abston, Dolton, IL Mon Aug 13, 2012

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Tim Moore, Agent, Kitty Hawk, NC
Mon Aug 13, 2012
Forget the fact it had been foreclosed, that is past and irrelevant now. Now it is a bank owned home or REO property. The lender bought it at auction and is now selling it. You will have to get a loan or pay cash and you can get a loan anywhere, you do not have to use the lender selling it.
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BUT, I OWE ON MY CURRENT, I WANT TO BUY A FORECLOSED OUTRIGHT. THEY ARE REP. BUY MY CURRENT MORTGAGE, HOW CAN I GET BUY THEM?
Flag Mon Aug 13, 2012
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