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Updated over 10 years ago on . Most recent reply

Duplex Foreclosure, Sheriff Sale
I found a duplex that went to sheriff's sale about a month ago and was bought by the bank. I know on SFR almost all of them go back to HUD or another government agency to be sold per their processes. Is it likely a duplex is insured by a government agency? Is there a way to find out? If it is not, what is the likelihood of dealing with the bank directly to buy the property? (You can tell this is a newby question, because I believe I know the answer of an individual dealing directly with a bank.)