But unlike REOs, foreclosure sales are often postponed or cancelled.

If you have an offer that will pay off the bank, send the offer to the foreclosure attorney so they can notify the bank to postpone.

Hello Seasoned Investors,During my first visit as a newbie to my county sheriff sale website few min back (I went to familiarize myself for potential future foreclosure investments) I found a property virtually next door to where I live and I in fact I know the owner as well.Few facts taken from the website before I type my questions:The Case Type is: Complaint In Mortgage Foreclosure.Somehow the current appraisal price is way too low than I would expect.The most recent docket text states: COURT ORDER IN REAGRDS TO PLAINTIFFS MOTION TO REASSESS DAMAGES ON 01/31/2014 TO XXXX AND SHERIFFS OFFICE ATTN: YYYYThe sale date is listed as postponed to 4/30/14.Not sure how to approach this given I am new to all this and was not anticipating such a sweet deal which I could manage so easily as 'buy and hold' goal for this year.Things I am not sure about:1.

I'll take a lower cap rate because I want a newer build, to postpone capex expenses, to get a more modern layout, and generally ensure that I can have full occupancy.

Last mortgage on the property vs. what the property is worth, etc.Why are auctions often times postponed or cancelled?

Not being a tax professional, what is considered in service and not is well above my pay grade :)  Same for deducting your audible acct without a business entity.I do know to get my new properties in service ASAP and have postponed repairs until after rented to qualify for that.  

If they pay and you allow them to stay all you are doing is postponing the inevitable.

I moved back in with my parents and postponed my dating life so I can pursue financial independence or put me on the right track for it.

That is were the judge told me this would be postponed until August at best.

Account Closed curious why you canceled the deal and didn't just postpone closing until you were given photos?