Yes, the noteholder has the right purchase the home at the auction provided they meet the minimum required by all superior positions.

i also forgot to mention that I have even called a two of the bigger firms out here that handle the actual auction sales but they just refer me back to the lender as well.Either I'm not getting through to the correct people or these banks are only interested in selling the notes in giant pools and not individually to an investor like me.

Property was marketed openly and fairly via MLS, auction, FSBO (for sale by owner) or developer marketing 3.

It might do like auctions do and build up a frenzy and might make the unit seem more appealing.

I have a property going to auction on Thursday and I have all of the paperwork done except the HUD1 and I'm not that familiar with how to write it up.

I call back the negotiator, left message asking to postpone auction.

I would ask the homeowner if one short sale fails (goes to auction), is he/she going to cooperate on the other six.

If the game is to sell the lender on why a short sale is better for them, how do I figure out an approximation of what the bank might get at auction if they take a property back?

A tax deed auction I'll be participating in has the following statement regarding a redemption period:<to the auction...

Are you looking to get them at auction or directly from the bank?