Pulled a list...have a question · Wholesaling Real Estate

Pulled a list...have a question

I found a house virtually with no known heirs....the mortgage was refinanced in like 2010 at 6% down from something like 7.7%......what happens in a situation like this? can it be done? could it be as simple as going to the lender and owning it by paying the balance? the balance is 100K the house was bought for 50K in the 70's, looks like it was completely redone at some point in the last 20 years, comps show just under 400K...the area is awesome, did not expect to run into this type of situation ...guidance requested lol

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