I am not to good re: When a bank holds the title of a house we our interested in and it is up for Auction, can someone please tell me something about it? Thanks a lot lol
Can't find what you're looking for?
Ask a Question, Get an Answer ASAP
Sometime you can go to that bank and make an offer on the property that is to be auctioned, but make sure you have the money to spend. Get pre-qualified for a loan/mortgage for a property. Usually at an auction for real estate you need to produce at least 20 % of the bid at auction...if you win. All states or banks may have specific rules/regulations pertaining to auctions. Check with the bank that is holding the auction and find out what you need to know, any loan officer should be able to tell you all the necessary facts on paper and verbally.
answered 9 months ago
Ask questions on any topic, get great answers from real people for FREE. Blurtit has hundreds of thousand of members so your sure to get the answer your looking for.
Thanks so much lol Samantha
comment made by Twinklyx2 9 months ago
Report