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Updated over 5 years ago on . Most recent reply

T Smith's profile image
T Smith's profile image
T Smith
  • Flipper/Rehabber
  • from Yuma, AZ
  • Member since Dec 18, 2018
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1
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T Smith's profile image
T Smith's profile image
T Smith
  • Flipper/Rehabber
  • from Yuma, AZ
  • Member since Dec 18, 2018
Connect
T Smith
  • Flipper/Rehabber
  • Yuma, AZ
1
Votes |
9
Posts
Foreclosures

Inside Info on Future Auction

T Smith
  • Flipper/Rehabber
  • Yuma, AZ
Posted

I have a friend who plans to walk away from his house and I want to buy it. He said it would be better to wait for it to go to auction. Is he right? Doesn’t it have to go through foreclosure first?

I’m thinking about taking out a home equity loan to have the cash on hand for the purchase. Thoughts?

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