After Auction

So, do I understand correctly that if the bank does not accept our offer of 2 weeks ago (the auction is set for 3-31-04) then after the auction, the bank, or whomever purchases at auction will post a notice on the window, and then I may contact them to make another offer? what is the process for the property after the auction? I really want this house and I am not sure where I can enter the picture and buy it. Please help!! I previously posted on teh short sale forum, but I am realizing that perhaps short sale and preforclosure are not the same thing??

Comments(2)

  • pejames27th March, 2004

    I am curious, are you trying to buy this house for yourself?

  • christymacknelson27th March, 2004

    yes, for ourselves, it just so happened that it was in preforeclosure.

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