From short sale to pre foreclosure auction
Good Afternoon,
A few months ago I found a local property for sale listed at 49k-short sale. I offered 45k the owner accepted, but the bank had to approve the offer too. The bank countered at something ridiculous like 85k and I walked away.
The house has been on the market ever since. From time to time I would look at it again wondering what would be an offer the bank would accept. Today I see the property still listed for the same price, but now it shows on Zillow as a pre-foreclosure auction. Is there any chance of stepping back in to this and making a deal with the bank?
Victoria