Foreclosure Answers
Get answers to your foreclosure questions by the Mortgage Insider.
Can I bid at my own foreclosure auction purchasing my house back cheaper?
I got this question from a reader…
“Am I understanding that when an owner loses his house in foreclosure and the auction takes place, he can actually purchase his own home back at a cheaper cost? In other words, can he bid on his own home?”
Let’s discuss the last question first, “Can the owner bid [...]