Re: Information on buying home from Bank
Hi all BP users,
I am new in the foreclosure game. I generally buy property from the owner directly.
Here is the situation. There was a home that went to auction on the courthouse steps. Starting bid of 390k. I believe I could sell it pretty easily for 500k. I went to the auction and nobody bought it so it went back to the bank. How can I now get in on the action? Do I contact the bank or trustee? How long until it becomes an REO sale and can I buy it before that process? Like I said I am new in the foreclosure game so I am sorry in advance if I was confusing. Any information helps! I am in WA state if that makes a differences. Thank you all for the help