Foreclosed properties sold at auction are often sold "as is" meaning they could come with creditor or tax liens attached. You may even be responsible for evicting the former homeowner.
Best practice is to research the homes offered at auction prior to the auction day.
You may want to contact the attorney handling the foreclosure to find out if there are any "strings attached" before purchasing the property. The attorney is listed in the Foreclosure Notice.
Friday, May 29, 2009
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