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Visitor
Alexfam
Posts: 2
Registered: ‎01-17-2013
0

on its way to foreclosure

I am interested in a distressed property that I understand is on the road to foreclosure. What is the best way to monitor the potential foreclosure? I don't want to miss out on the notice of auction, etc.

Regular Contributor
DCbuyer
Posts: 95
Registered: ‎12-15-2010
0

Re: on its way to foreclosure

why do you want to monitor auction sales? It's generally more expensive than short sales as there is no way to game the system in auctions and sometimes more expensive than REOs nowadays. 

 

 

Visitor
Alexfam
Posts: 2
Registered: ‎01-17-2013
0

Re: on its way to foreclosure

I already tried the short sale route and the bank would not accept my offer.

Regular Contributor
Goldilocks
Posts: 108
Registered: ‎10-28-2011
0

what county is the property located in?

what county is the property located in?

Redfin Senior Agent
philip-gvinter
Posts: 553
Registered: ‎05-18-2010
0

Re: what county is the property located in?

most likely you'll need to wait until the property goes to auction.

Philip Gvinter | Redfin | Listings DC Team Lead
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