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aliasPook
Blessed x 3
Member since 6/05 2460 total posts
Name:
Laurie
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Foreclosure Question
There is a house that just went in to forclosure on my block. Does anyone know who I should contact (foreclosures in general) to get info on it if I were interested in bidding on it?
Thank you!
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Posted 3/28/07 1:01 PM  |
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Prudential Douglas Elliman Real Estate
Long Island's Largest Bridal Resource | Long Island Weddings |
ali120206
2 Boys
Member since 7/06 17792 total posts
Name:
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Re: Foreclosure Question
There should be information about the auction in the legal notices in the local paper.
Make sure you call to check and see if the auction is still occuring though, a lot of times the owner manages to refinance.
We looked into one but, the owner ended up refinancing (which I figured he would because he only owed $80k more!)
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| Posted 3/28/07 1:14 PM |
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aliasPook
Blessed x 3
Member since 6/05 2460 total posts
Name:
Laurie
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Re: Foreclosure Question
Got it! Thank you! I found a website for the legal notices in my town...
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| Posted 3/29/07 12:11 AM |
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MegZee
My bunny
Member since 5/06 8777 total posts
Name:
Meaghan
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Re: Foreclosure Question
first the bank will auction it. like the previous poster said, it will be in the paper.
if no one bids or it doesnt sell at auction, the bank will take ownership (called a REO) and it will go for sale.
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| Posted 3/29/07 7:50 AM |
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