Have 1/3 interest in property and need to sell. partition suit is only answer?
Deal Score0
Where is there a mortgage company that might back a bid on court house steps. I do not have cash as required by sheriff, for whole amount of bid to get fair value. Of course I would pay sevice charges, but would need loan without prepayment clause. as I would try to sell on open market. Property has 150,000 value
no, i have 1/3, need two thirds
if you think you can purchase this
prop for 1/3rd of fmv, a true hard money
lender will lend you money to buy it.
no fico, no 1003, no cash from your
pocket for anything. search…………….!
kemper is right but hard money lenders all have prepayment penalties