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Buying & Selling Real Estate

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John T.
  • Dayton, OH
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Connecting with homeowner during foreclosure?

John T.
  • Dayton, OH
Posted Mar 13 2015, 10:43

I am currently tossing around trying to purchase properties through foreclosure auctions at the county.  I am looking for opinions and feedback regarding connecting with homeowner POST auction as they still will live in the residence shortly afterwards.  I am well aware of the risks involved in buying at an auction and also of the idea of connecting with people before their house is auctioned.  

My general idea was if I win a house at auction, to go to the residence (still have previous homeowners there), try to connect with them in what is a kinda awkward situation and see if me paying them say 1000 dollars and paying for professional movers to move them in exchange for them not intentionally damaging the place makes sense.  Is this a bad idea?  I don't think it's unethical cause it would help them.  I'm more worried if I'm doing anything illegal or barking up the wrong tree.

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