Different states have different laws about this. In some home-owner-friendly states, you could probably do as JohnMichael said. But probably not all. Ask your lawyer or legal counsel.
Quote:
On 2004-09-03 22:38, maggiemao wrote:
Different states have different laws about this. In some home-owner-friendly states, you could probably do as JohnMichael said. But probably not all. Ask your lawyer or legal counsel.
Dear maggiemao,
Real estate can be purchased at any time before a foreclosure in any state!
Some states even allow a redemption period after the foreclosure sale that allows for the purchase of the high bid plus a little interest.
No state law disallows the homeowner from not selling their home prior to foreclosure.
Yes it is wise to seek legal council when it comes to legal issues.
Yes you can make a cash purchase on a preforeclosure up to the day of the auction
Different states have different laws about this. In some home-owner-friendly states, you could probably do as JohnMichael said. But probably not all. Ask your lawyer or legal counsel.
Quote:
On 2004-09-03 22:38, maggiemao wrote:
Different states have different laws about this. In some home-owner-friendly states, you could probably do as JohnMichael said. But probably not all. Ask your lawyer or legal counsel.
Dear maggiemao,
Real estate can be purchased at any time before a foreclosure in any state!
Some states even allow a redemption period after the foreclosure sale that allows for the purchase of the high bid plus a little interest.
No state law disallows the homeowner from not selling their home prior to foreclosure.
Yes it is wise to seek legal council when it comes to legal issues.