No, preforeclosure stage is not good for you

来源: 于 2008-06-06 11:29:29 [博客] [旧帖] [给我悄悄话] 本文已被阅读：次

The owner may need to talk to the banks for a short sale chance. Banks may take months to approve it or deny it. Pre-foreclosure stage should not be the stage you can get a bargain. Also, the lien may not be clean enough, you may be mired between two different banks...

Go REO, that's the best bet.