Legal Question in Real Estate Law in New York
If a home is in the beginning stages
Of foreclosure and the person still
Lives in the home Can I make an offer on the home to buy, to the bank that Is currently holding the Mortgage.
Asked on 1/27/14, 5:54 pm
1 Answer from Attorneys
Kevin Connolly
Kevin J. Connolly
The bank should tell you to pound salt. Until the foreclosure is done, you deal with the owner. The bank might authorize a short sale but that's between the owner and the bank.
Answered on 1/27/14, 10:34 pm
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