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Updated about 7 years ago on . Most recent reply
How to buy Foreclosure
Is it possible to buy a foreclosure on Auction.com with financing? I’m pre approved for a home loan and have 20% to put down.
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Originally posted by @Andre S Walters:
HI, Sorry to be a complete newbie investor...But would be the best way to find distressed sellers who have already given their foreclosure notice?
My County Assessor records??
If your county has recorded docs available for searching, then Notice of Trustee Sale (that's what a foreclosure is called) should be there. The notice is first given 90 days prior to the sale, so Sellers have 90 days to sell, redeem, or get in contact with the lender to make arrangements. Sometimes the lender will delay the sale by another 30 days if there is a contract pending, or longer, if the Seller has filed bankruptcy.