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Thread: Real Estate

  1. #1
    Juliet1001 is offline Junior Member
    Join Date
    May 2008
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    Real Estate

    What is the name of your state? MA.

    I am currently renting a home that is 'in bankruptcy' by the owner. My question is, can I purchase this property by finding own what financial institution holds the lein on this home and paying it off, or do we need to still work through the owner of the property seeing it is not yet in foreclosure?
  2. #2
    FlyingRon is offline Senior Member
    Join Date
    Feb 2007
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    15,445
    People go into bankruptcy. You are going to have to deal with the owner (which is still the bankrupt person). You're also likely to need to deal with the lender and the bankruptcy trustee if the bankruptcy proceedings are actually active.

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