Question Details

B Anderson, Home Buyer in mpls mn

Can we buy our rent to own which is now possibly in Foreclosure, directly from the mortgage co?

Asked by B Anderson, mpls mn Tue Nov 11, 2008

We had never met the so- called owners, until they came to our door, wondering if we had been paying our rent because the management co. (the man in the middle) wasnt,,, and they were getting calls from the mortgage co. Apparently, this couple had signed over their property to this middle man a few yrs back. (warrantee deed??). We have no contract with the couple, ONLY A CONTRACT with the management co. (middle man). Hope this clears things up.

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BE CAREFUL...this smells like a scam!
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0 votes Thank Flag Link Tue Nov 11, 2008
The Hagley G…, Real Estate Pro in Pleasanton, CA
I would recommend for you contact a local real estate agent who can work on your behalf. There could be a strong potential HOWEVER whoever has ownership as to sign the sales purchase agreement the property is not currently foreclosure owned by the bank. An agent can sought thru all the details more with you.
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0 votes Thank Flag Link Tue Nov 11, 2008
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