Financing for house being sold at auction??? - Posted by Julie W.

Posted by Irwin on April 21, 1999 at 22:01:03:

I’d like to help you, but I would have to ask about 20-30 questions that your posting doesn’t provide answers to. You would then have to run around for 5 or 6 days getting the answers only to have me tell you it isn’t a deal at all. Or maybe it is a deal, but for one reason or another, you can’t do it. So you and I (mostly you), will have wasted an enormous amount of time. This type of sale is not for newbies. My advice is start with simpler stuff.

Financing for house being sold at auction??? - Posted by Julie W.

Posted by Julie W. on April 21, 1999 at 16:53:05:

I have found a house that is going to be sold at a public auction in July. I have yet to find any financing for the purchase though. I’ve tried mortgage co. and banks. The banks will not finance because this house has leins against it. Do I need to try to get the leins released before I purchase or is this impossible? Am I looking in the wrong places? I know there’s got to be another way. As you can tell this is my first time around. Any advice is appreciated.

Julie W.