Posted on: 16th Jan, 2010 09:31 am
I was wondering if someone has a deposit on a foreclosed house can i still put in a offer in and possible out bid them
Yes, you can do that. It can get discouraging though, because someone can out bid you too, and it can go on for quite a while.
Is it a short-sale? Or has it already been foreclosed upon? (and the bank actually owns it).
Is it a short-sale? Or has it already been foreclosed upon? (and the bank actually owns it).
The bank already owns it. It has been on deposit since Oct. due to some work that the bank needs to do on the house. I fell in love with this house but my agent was reluctant to show me the property