Hello VanMorrisonFan
by foreclosure service, I did not mean buying properties in foreclosure, but providing the service to fecilitate forecloseure. A couple years ago, I had to foreclose on a property that I financed.
Long story short, I helped a guy buy a property by loaning him money, he screwedup, so I used a foreclosure company to serve NOD and the works, finally the property was setup for auction, and the guy coughed up the cash by screwing some one else, one day before the auction date.
This whole process was managed by a “Foreclosure company”. that charged me about 5K
I am betting that there will be many forclosures in the next 2 to 5 years and would like to build a service company that would offer the service to lenders.
NO BUYING PROPERTIES FOR ME. I have been calling for a crash since 2001. I guess I was a lil too early.
