Updated over 5 years ago on . Most recent reply
Buying a property before it goes to auction
Hello bp family, I have been pre-approved for a FHA 203k loan. As i have been looking at properties i came across a few properties that are up for sale at auction. So my question is (Can i found out who has the property now and try to buy it before the auction date?) Any an all information will be great!
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Wayne Brooks
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Wayne Brooks#1 Foreclosures Contributor
#1 Foreclosures Contributor
- Real Estate Professional
- West Palm Beach, FL
Yes you can.....but it is highly unlikely that you can find a willing seller, agree on price And have enough time to close prior to the auction.
If you had All Cash it would be a little different.