Skip to content
Foreclosures

User Stats

1,246
Posts
333
Votes
Rich Hupper
  • Broker / Investor
  • Tewksbury, MA
333
Votes |
1,246
Posts

Auction Date in newspaper

Rich Hupper
  • Broker / Investor
  • Tewksbury, MA
Posted Jul 18 2018, 11:35

Hi BP

For cash buyers like myself, is there a chance I could pay off a foreclosing mortgagee before the auction takes place? I always follow the local newspapers for auction dates. However I am wondering if I could reach out to the mortgagees local debt collecting attorney and work out a purchase agreement with them instead of waiting until the auction takes place. Granted it might not be in the best interest of the bank however they would get their money faster because I would buy it subject to any other liens. I have a lot of experience researching title so before I even reach out, I know what I am getting into. 

Would a banks attorney disclose payoff information to me? 

Thanks for your

Loading replies...