Planing To Buy At Foreclosure Auction.
I am planing to buy at foreclosure auction I found the notice at legal news it is 120K house going for 30K.After I buy this house should I get insurance for it and just wait untill the redemption period is over (6 months) and what happens during the period ,the owner has to pay Me the whole amount which I paid plus interest if he wants to redem the house and what do I do during the redemption period?Thanks any info will be very useful.
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