short sales?

Jeff
Jeff
Home Buyer
Ohio

i am looking at a house going up for auction. I would like to try to get it before, but have no idea aboutshort sales. Who, or how should i go to or go about trying to pursue this home? I am in Mansfield, ohio

Fri Sep 19 2008, 13:39 - Foreclosure in Mansfield - 1 answer
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Dawn Grabover
Dawn Grabover
Agent
Ridgefield, CT
FIRST ANSWER

You can go to town hall and look up the leins to see what bank the owner defaulted on. You can try to contact the bank or the attorney listed in the suit - provide them your offer and a letter from your bank or mortgage professional preapproving you. You'll need a good down payment, at least 20% in most cases.

Good luck!!

Fri Sep 19 2008, 13:55
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