Ask Experts Questions for FREE Help !
Ask
    Y2KBYTZ's Avatar
    Y2KBYTZ Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Nov 11, 2007, 01:46 PM
    Buy abandon house
    How does one purchase a house that has been abandon? We know there is a loan on it, but the persons buying it have left. They are letting the house go. How do we buy it before it goes into foreclosure? The owners did not forward mail, or let anyone know where they went.


    Maria Ford
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
    Uber Member
    		  
    #2

    Nov 11, 2007, 06:04 PM
    Hello Maria:

    If you can't find the owener, you can't buy anything from them. If you know there's a loan on it, contact the bank. Tell them that IF the property goes into foreclosure, you'll be happy to take if off their hands. Maybe they'll tell you where the auction will be held.

    excon
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
    Expert
    		  
    #3

    Nov 11, 2007, 06:08 PM
    The lien holder will be listed at the court house records on the deed. So you can contact them and see if they will contact the owner for you, and attempt to arrange a sell.

    Also you can see if they gave the court house any new address. But without the owners sellingit to you, you will have to wait till it is foreclosed on, to buy it from the bank.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Will I sell my house and be able to buy another one [ 1 Answers ]

Hello... I am about to put my house on the market... can anyone tell if I will be able to sell this one and buy a bigger one in good condition. Can anyone tell me when I will sell this one and what the house I will get looks like? Any info would be very helpful. Thanks for taking the time to...

What should I ask when looking at a house I would like to buy? [ 2 Answers ]

There is a house up the street. I currently rent and I think I would like to buy that house. What questions shoud I ask? What information is most important for me?

Should I buy a car first or a house [ 13 Answers ]

Dear everyone, I have a question: Once I have saved some money, should I buy real estate first or buy a new car(the old one is paid for)? Why is that?

How do I buy out their half of our house? [ 1 Answers ]

How do you buy out their half of our house We are not married. We bought a house together. Now I want to buy out his half of the house. What do I have to do to get started?

Want to buy a house... [ 1 Answers ]

My boyfriend and I are currently renting and looking to purchase a house. He is 29 and I am 25. Currently we are about 7 months pregnant and I have been out of work since September due to a quick move and lack of options in the condition that I am in. He is a high school teacher and gets paid...

View more questions Search