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Updated over 13 years ago on . Most recent reply

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Michael Lyndon
  • toronto
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foreclosure under contract

Michael Lyndon
  • toronto
Posted

Hey Guys

If I have found a listing online and the foreclosure is under contract, am I still able to bid on the property, or does the current offer need to fall through before I can make an offer?

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J Scott
  • Investor
  • Sarasota, FL
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J Scott
  • Investor
  • Sarasota, FL
ModeratorReplied

Michael -

Based on your questions, I would highly recommend that you find a good buyer's agent to represent you in the deal. The agent can answer your questions, prepare the contract for you, help you negotiate, etc. And it won't cost you anything -- seller pays the commission.

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