Forclosure information

If the house is in foreclosure, can the owner try to sale it a DAY before the banks final foreclosure auction. Will that help the owners credit score, by that time?

Their credit score would not be effected.

If they can close the deal before the auction they can sell the house. Unless the buyer is paying cash it takes at least a couple of weeks to close.

2 Responses

1. Landlord Says:
   June 9th, 2010 at 8:46 am

   Their credit score would not be effected.

   If they can close the deal before the auction they can sell the house. Unless the buyer is paying cash it takes at least a couple of weeks to close.
   References :

2. Realtoratheart Says:
   June 9th, 2010 at 9:11 am

   Each state has different law’s governing this, so you must know what your state laws are. In theory, if you can sell and close on the property before the final foreclosure, it’s possible.
   References :

Leave a Comment