Foreclosure University Forum

Buying foreclosure before sheriffs sale in NJ?

by Doug E, Friday, June 25, 2010, 07:38 (3569 days ago) @ Doug E

Turns out this is a "short sale" -DUH ! :P

� I am aware of a house that the bank has taken legal (lis pendens
� /foreclosure)action on, but has not yet scheduled a sale date with the
� County Sheriff.
� If I contact the bank prior to scheduling- would they be interested in
� selling the house before the auction>>--if I made an offer>
� Would they benefit anything by doing this, or is it in their best
� interest to let it go to auction>>
� I am thinking they may save on legal fees and other fees due for the
� Sheriff and want to sell sooner.
� Any (factual) ideas>

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