Comments on: How do I attain a home that’s in foreclosure? http://www.stopping-home-foreclosure.com/blog/help-with-foreclosure/how-do-i-attain-a-home-thats-in-foreclosure Learn how to stop mortgage foreclosure Thu, 17 May 2012 13:08:55 +0000 http://wordpress.org/?v=2.5.1 By: lrbryts http://www.stopping-home-foreclosure.com/blog/help-with-foreclosure/how-do-i-attain-a-home-thats-in-foreclosure#comment-1489 lrbryts Fri, 19 Mar 2010 19:10:59 +0000 http://www.stopping-home-foreclosure.com/blog/help-with-foreclosure/how-do-i-attain-a-home-thats-in-foreclosure#comment-1489 if you let the foreclosure process get to the point where the bank takes it back, you can investigate when it will be up for sale at the local court house. However, you have an upper hand, as you know it is being foreclosed on. My suggestion is that you contact the bank whom has the mortgage on your dads house. The bank do not want to take back the house, as it is bad debt on their books, and the bank most likely have alot of bad debt already. Try and negotiate with the bank to take over your dads payments, or even negotiate a monthly payment the bank determines you can afford. In short contact the bank, come to an agreement with them how much you can afford (bring your pay stubs & W2's), and I would think the bank wants to work with you. Worst case senario, buy the property under the HUD program that allows you to put down only 500 $. good luck<br><b>References : </b><br> if you let the foreclosure process get to the point where the bank takes it back, you can investigate when it will be up for sale at the local court house. However, you have an upper hand, as you know it is being foreclosed on. My suggestion is that you contact the bank whom has the mortgage on your dads house. The bank do not want to take back the house, as it is bad debt on their books, and the bank most likely have alot of bad debt already. Try and negotiate with the bank to take over your dads payments, or even negotiate a monthly payment the bank determines you can afford. In short contact the bank, come to an agreement with them how much you can afford (bring your pay stubs & W2’s), and I would think the bank wants to work with you. Worst case senario, buy the property under the HUD program that allows you to put down only 500 $.

good luck
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]]> By: cooper892 http://www.stopping-home-foreclosure.com/blog/help-with-foreclosure/how-do-i-attain-a-home-thats-in-foreclosure#comment-1488 cooper892 Fri, 19 Mar 2010 18:57:59 +0000 http://www.stopping-home-foreclosure.com/blog/help-with-foreclosure/how-do-i-attain-a-home-thats-in-foreclosure#comment-1488 It depends what state you live in, as well as what county you live in. You should contact your county's department of finance. If your county allows it you will be able to purchase your father's tax deed by paying for the taxes he owes plus some additional fees. If he cannot pay the money back in a certain amount of time 2-10 years I believe, the deed to the house is yours.<br><b>References : </b><br> It depends what state you live in, as well as what county you live in. You should contact your county’s department of finance. If your county allows it you will be able to purchase your father’s tax deed by paying for the taxes he owes plus some additional fees. If he cannot pay the money back in a certain amount of time 2-10 years I believe, the deed to the house is yours.
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