How do you buy a house at a forclosure auction?

1 Answer

Answer :

bring the ten percent in secured funds (I.e. Cashiers checks) you can attempt to get a loan for the rest but it will be a challenge. shop the loan around and be up front with how you plan to purchase the property. Bring as much information as you can. Do not sign the papers until you have the sale in line as you could lose the property at time of sale although in today market you shouldn’t have a problem.

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