Foreclosure Bailout

[Kyle A Burton]

I have a client that is seeking a foreclosure bailout loan for $600,000. 

It's an investment property valued at 800,000

Location: Columbus OH 

Owes $549k

Last apprasial was back in 2022 for $350k

If you need more details or if this is something you can do, please reach out 

[Nick Hubbard]

Try Gelt Financial. They specialize in Bailout loans!

https://geltfinancial.com/

[Admin]

If the value in 2022 was $350k, serious renovations would need to have been completed. Columbus, Ohio is not a strong market, and cosmetic renovations would not get the value to increase by a lot more than double in 2 years. Unless the entire house has been gutted, and even then a value of $800k is unlikely especially in that part of Ohio, there is no way the value is $800k. I hope the house can be saved for the homeowner. Nobody wants to see someone get foreclosed on, but smart real estate investing requires knowledge and research. Just my two cents from someone that has closed several hundred loans over the years.

Admin

[Douglas Hamilton]

Century Financial services is here to give you the funding that you need to carry on with your project. Send us a mail now: [e-mail]