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Updated over 9 years ago,

User Stats

37
Posts
10
Votes
Justin Bush
  • Contractor
  • Texas Corners, MI
10
Votes |
37
Posts

What are my options??

Justin Bush
  • Contractor
  • Texas Corners, MI
Posted

Yesterday we went to the auction with a property in mind for purchase, it's actually my neighbors house, and didn't get it. We had title search done and it came back clean so we went with MAO in mind but upon presentation the rep of properties came out with 3 liens on prop, 2 of which added up to less than 7gs but one had an undisclosed amount so didn't feel comfortable going to high. Anyway we bid against the rep for little bit and in the end he got it. From what I understand that means bank got it back. I had been in touch with lawyer for bank pre-auction in effort to try to purchase but he couldn't do anything then...maybe he can now? Just wondering if anyone has in depth knowledge of post auction proceedings. Any help greatly appreciated!

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