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Updated about 15 years ago on . Most recent reply

RJ M's profile image
RJ M's profile image
RJ M
  • Real Estate Investor
  • from Maryland
  • Member since Feb 15, 2010
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RJ M's profile image
RJ M's profile image
RJ M
  • Real Estate Investor
  • from Maryland
  • Member since Feb 15, 2010
Connect
RJ M
  • Real Estate Investor
  • Maryland
0
Votes |
49
Posts
Buying & Selling Real Estate

Property is scheduled to go up for foreclosure auction next month

RJ M
  • Real Estate Investor
  • Maryland
Posted

I came across a property scheduled to go to foreclosure in April. I was told by the lawyer who is handling the foreclosure that the house is currently in posession of the owner. Is it true that I can get in trouble if I approach the owner facing foreclosure to purchase the house and sell it later for a higher price than what the owner currently owes for the house?

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