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Updated almost 7 years ago on . Most recent reply

User Stats

1
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1
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Aaron Beck
  • Fort Atkinson, WI
1
Votes |
1
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FSBO when a home is under foreclosure

Aaron Beck
  • Fort Atkinson, WI
Posted

Hello,

I have a home that I'm expecting will be under foreclosure (i.e. in redemption period) within the next 2-3 months. I was planning to attempt to sell it myself—regular sale, not short. Setting aside the general advisability of this strategy, I'm wondering if it's even possible. I've spoken to a HUD counselor who told me that lenders almost always compel homeowners under foreclosure to work with a licensed realtor. Can anyone speak to this and give me a definitive answer based on their experiences?

Thanks.

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