Foreclosure in Lassen County>Question Details

Pattidrmelt, Home Buyer in Lassen County, CA

How can I buy a foreclosed home from the bank before it goes on auction??

Asked by Pattidrmelt, Lassen County, CA Sun Feb 27, 2011

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3
Pattidrmelt:

If you have enough money you can execute a multi-home "portfolio purchase" directly from the Bank. I'm not aware of any other way to buy a foreclosed home from the bank before it goes on auction.

Best, Steve
0 votes Thank Flag Link Sun Feb 27, 2011
you can't sorry. The law only allows for banks to take property back through auction process.
0 votes Thank Flag Link Sun Feb 27, 2011
auction = trustee sale ?

look for shortsale ! buy it just like any other type, have your agent turn in the offer and then WAIT.
0 votes Thank Flag Link Sun Feb 27, 2011
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