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Updated over 7 years ago on . Most recent reply

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William Brown
  • Realtor
  • NJ (new jersey)
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Buying foreclosure of banks

William Brown
  • Realtor
  • NJ (new jersey)
Posted

Can you buy a foreclosure of a home. But have a contract stating you have someone who will buy it in X amount of days??

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Ehsan Rishat
  • Specialist
  • Carlsbad, CA
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Ehsan Rishat
  • Specialist
  • Carlsbad, CA
Replied

@William Brown If the bank foreclosed the property the bank is now the owner. If they assigned a contract on it with a realtor you need to go into negotiations with the realtor. So, to answer your question, yes, you could try to negotiate a deal like that. 

Good Luck!

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