My husband and I are trying to purchase a foreclosure property in Brooklyn. We have done 2+ years of research on this specific foreclosure, and the end of the case is near and we would really like to avoid auction at all costs. We want to make an offer pre-auction as either a short sale or, more likely, a deed transfer, however all parties are MIA and have seemingly washed their hands of the... [more]
My husband and I are trying to purchase a foreclosure property in Brooklyn. We have done 2+ years of research on this specific foreclosure, and the end of the case is near and we would really like to avoid auction at all costs. We want to make an offer pre-auction as either a short sale or, more likely, a deed transfer, however all parties are MIA and have seemingly washed their hands of the entire proceeding.
I *know* there must be a community of professionals who specialize in these types of deals, however I can't find them. We have met with 3+ real-estate attorneys, all of whom advertized experience in foreclosures but none of them had any insight into how to get a deed transfer or short-sale moving (they all told us to call them when we were ready to draft up a deal... that's not the hard part!) I've also spoken to a number of real-estate agents who seem interested at first but then give up as soon as one of the counsel members in the case doesn't return their calls.
We are not bargain hunting or trying to low-ball any firm or individual who works with us, but the case is rather complex and will require some time. I have been going to auctions attempting to network, but buyers are sort of close-lipped about their personal resources (and, honestly, being a young-looking woman has not done me any favors.) We are prepared to go it alone, but would really rather find a team to work with us. There is a sizable amount of commission to be made with whomever can get the job done (this is not a $400k property.)
If anyone has any recommendations for real estate/legal professionals OR if you have personal experience purchasing short-sales, I would love to hear any insight anyone can offer!
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