Question by Natalie Stone: How can I learn how to buy a home that is facing foreclosure?
My friend recently loss his job and is facing foreclosure. Is there a way I can takeover payments and obtain the title?

Best answer:

Answer by Edwin
YES – YOU CAN DO A “SALE OVER”WHICH WOULD ALLOW YOU TO “PURCHASE” THE HOME FROM THE CURRENT OWNER AND TAKE TITLE IN YOUR NAME AS YOUR PRIMARY RESIDENCE. HOWEVER, YOU MUST BE ABLE TO QUALIFY FOR A MORTGAGE, JUST AS IF IT WERE A REGULAR PURCHASE.

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