Tag Archives: buy foreclosure

Purchasing a home is an exciting time in your life. Submitting a winning bid on a foreclosed home that is being sold at an online auction that you and your partner really want to buy can be even more exciting. Before actually making your bid, there are some facts and some pitfalls that you should consider. How it Works When a home is foreclosed on, lenders may sale the home at auction to try to recoup its losses. Some lenders set minimum bids while others do not. Minimum bids may […]