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Updated over 8 years ago, 04/22/2016

User Stats

34
Posts
7
Votes
Jatin Shah
  • Real Estate Attorney
  • Brentwood, TN
7
Votes |
34
Posts

Occupied Home Auctioned Off

Jatin Shah
  • Real Estate Attorney
  • Brentwood, TN
Posted

Hey all, I'm following a home that is being auctioned off by BOA.  The home is currently occupied.  The title disclosure accompanying the auction indicate that there is a possible bankruptcy filing.

Has anyone here gone into a deal like this? If so, how did you deal with it? Costs? 

Homes in the area are selling for just under $200k and right now the going price is $50k (reserve NOT met).  Thanks,

J

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