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Updated over 3 years ago on . Most recent reply

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Robert Thigpen
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Foreclosure Auction Sale Cancelled Seeking Advice

Robert Thigpen
Posted

Hi all,

My wife and I were looking to bid at an auction in two weeks on a preforeclosure home. We got a notification today that the sale was cancelled due to reinstatement of the mortgage. The owners filed bankruptcy in 2019 and went through a previous foreclosure in 2013. Does anyone have advice on reaching out to owners post reinstatement to see if we can purchase directly from them if interested? 

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Chris Seveney
  • Investor
  • Virginia
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Chris Seveney
  • Investor
  • Virginia
ModeratorReplied

@Jeff Copeland

If they reinstated why would they want to sell their home? The whole purpose of reinstating is to keep their home

  • Chris Seveney
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