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Updated 11 months ago on . Most recent reply

User Stats

82
Posts
18
Votes
Nathan Letourneau
  • Investor
  • Hudson, WI
18
Votes |
82
Posts

Wisconsin home sale before auction

Nathan Letourneau
  • Investor
  • Hudson, WI
Posted
I sent a letter to a western Wisconsin homeowner in foreclosure.  She contacted me tonight less than one week before auction (June 11th).  I am potentially interested and from the initial conversation looks like something I'd like to move forward with.  My question is.....do I have to buy/close on the property before the June 11th auction?  I have access to cash so that is a possibility if the title work can be expedited.  Or will they postpone the sale if there is a purchase agreement in place? I have bought at auction before, but never less than a week before one.  Thanks for any advice.

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