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Updated almost 19 years ago on . Most recent reply

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First Forclosure Auction

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Greeting.

I wanted to try to get some advice on going to my first auction. My sister and I are going to one on Friday and can really use any advice and headsup. I live in NY and have tried to read anything on forclosures. Thanks....

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Sounds as if you may have some competition....One other thing I haven't tried but occurs to me, get the name and contact info of the lenders representative, they're identified at the sale here in FL by being given the first bid. Call just after the deadline for payment (if it's not immediate) just to confirm that payment was made, if not get on the phone with the lender rep and see if they'll take your "backup bid" rather than going though the sale process again.

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