Great Forclosure Investment
I found an awesome foreclosed house that I would like to buy. What do I do?
1) The lender (Bank) has taken ownership of the house
2) I drove by the house to take a look and it looked like the house was listed through a real estate company (sign and shtuff)
3) Do all foreclosed homes have to be bought at auction?
4) I do not see a date or anything about an auction in the listing.
please help.
Thanks,
Jon
if the house is listed with a realtor and the house is owned by the bank, the house has already gone thru the auction and the bank has taken back ownership or the property. the only thing you can try to do now is contact the realtor and see if you can work the deal that way