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Company Loan Type APR Est. Pmt.

Home in pre-foreclosure state

Posted on: 15th Jul, 2013 12:26 am
A home in our neighborhood is in pre-foreclosure state. We liked the home and want to buy it. But we do not know how to go ahead with the process. Our loan officer can pre-approve us for the loan but cannot help us further. Should be contact the present and buy the property before th bank sells it off?
Hi Guest,

Well, you can place an offer with the seller. But, it will be better if you could contact the bank and place your purchase offer.

Take care
Posted on: 15th Jul, 2013 01:20 am
Hi Guest!

Welcome to the forums!

I agree with what Sara has said. It will be better if you could get in touch with the lender and place an offer on the property. You can even wait till the auction date to place the offer.

Feel free to ask if you've further queries.

Sussane
Posted on: 15th Jul, 2013 08:06 pm
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