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Buying a home before auction
Good afternoon Everyone! Have any of you ever been able to purchase a home from the bank before it hits the courthouse steps? Auction is set for April 26, home is located in 22193 VA.
@Dario Cruz the bank does not own the house. Only after the foreclosure can the bank depose of the asset. You can contact the owners and try to purchase it before the foreclosure. You will need to bring all monies in arrears or try a short sale.
Quote from @Tim Herman:
@Dario Cruz the bank does not own the house. Only after the foreclosure can the bank depose of the asset. You can contact the owners and try to purchase it before the foreclosure. You will need to bring all monies in arrears or try a short sale.
Thanks Tim! I wasn't aware of that, I'll continue to reach out to the owner and see if there is a solution.
