Posts Tagged ‘buying foreclosed property from bank’

Buying Foreclosed Property

Buying Foreclosed Property
Buying Foreclosed Property

Question: Can you buy foreclosed property by paying the mortgage for several months ?

Is it true that if you find a bank foreclosed property and you start paying the mortgage for a couple of months, the bank will transfer the title to you? This sounds too easy and I am sure there is more to it. Any ideas?

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Answer: No. That would literally be throwing your money away.

You make an offer like everyone else to bank to purchase the property.

Buying a Foreclosed Property - Bloomberg: Your Money

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