Auction.com // Foreclosures

[Tanner Dahl]

Hello BP Fam,

I have a couple questions pertaining to foreclosures and I hoping someone is able to clarify!

I am noticing properties on Auction.com (foreclosures) in my market that are not on my county tax auction list. Would this be an example of Mortgage Foreclosures vs County Property Tax Foreclosures?

Also, has anyone used Auction.com to purchased property? Is there an opportunity/window to still purchase the property from the home owner before the auction date?

Trying to better understand the foreclosure process and I am sure it varies per county/market.

Thanks!

[John Slater]

Hi Tanner, yes it is, and yes there is.  It can depend on how much time you have before the sale date to make things work, but a lot of options with just a short amount of time.