Properties that have not been foreclosed, but are going up for auction to finalize the foreclosure will need to be paid for in cash... That's the only way...if the property does not sell at foreclosure sale, then title will transfer to the lender and they will eventually list it for sale.. You could attempt to purchase the home via short sale through the current home owner, but if the foreclosure date has already been set, it might be too late.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com
It can be done, but depending on several factors. Who's the current owner, Investor, the time frame before the auction date & what phase the property is currently in during the foreclosure process. The terminology above may be slightly off. Feel free to contact me so I can get the ffull picture. It's free information for the taking, and I'm always up for the challenge!Best Regards,Kiyoshi Inui619-822-2407
If you were to pay cash, you could approach the current owner and/or listing agent to see what can be done. Other than that, you can register to bid at the Auction. Details should be available through the Foreclosing Attorney!
Sure... if you need a loan, contact a local non-bank local lender to pre-approved for financing. Then contact a local real estate agent to deal with making an offer, and or with help to determine what a good price might be in auction.
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