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Updated over 15 years ago,
Money to stop foreclosure
I picked up a property a couple of weeks ago that is scheduled for foreclosure on June 22nd. The bank and I have reached a verbal agreement on the sale price, but now they want $2,000 non-fundable to stop the auction. My exit strategy is a double close and I do not have a buyer yet. Has anyone ran into this and if so did you find a way around it?
Thanks,
Justin