Due Diligence Tips Before Bidding on Residential Foreclosure Sales
by Paul A. Krasker, Esquire
There is significant risk in bidding on properties at a foreclosure sale, and these tips are designed to help minimize the risks:
In addition to the above tips, there is no substitute for common sense. If the competing bids are very low (or non-existent), there must be a reason why all the professional bidders who do this for a living are not pursuing the property.
Copyright 2012 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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