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Updated about 13 years ago,

User Stats

30
Posts
1
Votes
Mikel Graham
  • Real Estate Investor
  • Champaign, IL
1
Votes |
30
Posts

Foreclosed homes with tenants still there?

Mikel Graham
  • Real Estate Investor
  • Champaign, IL
Posted

I did some searching for recent (past 2 weeks) foreclosures at my county's recorders office. I just got back from checking out the properties and all but one still had tenants in them.

What does this mean exactly?

I'm looking for properties to wholesale but it seems to be that these recently foreclosed properties are technically off limits.

Could I still place on a bid on these homes? Should I just wait a week or two and check them out again to see if the tenants have left?

Any advice would be appreciated.

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