Foreclosures Discussion Archive 7

Want to buy a forclosure in Alabama

Posted by Trena on July 01, 2003 at 22:25:27:



I am interested in a home that is in forclsure. It will be auctioned off soon. Can I contact the bank to find out what amount of money they would need to keep them from doing a buy-back on the mortgage. Also wondering if the banks normally take less than what is owed on the home during forclosure. Thanks for your help!!



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