Can you buy a foreclosed home?

[Frankie Betancourt]

Hello Can you buy a foreclosed home because i grew up next door to this lady and she has lost the home i even went online to look at the taxes on her home and it says foreclosed because it was owed 4500 in back taxes the lady was trying to sell the home for 15000$ is that possible? because the home has gone into forecloser..

[Wayne Brooks]

First, we don’t know what kind of auction this is, but it sounds like it is for taxes, not a mtg?  In either case, yes, you can buy the property from the owner Up Until the auction actually occurs.  In some states the owner has the right to redeem, repay the amount sold for at auction plus some fees, for a certain amount of time After a tax auction.