Posted by John T on April 19, 2013 at 09:25:39 from (216.249.82.117):
In Reply to: Bank selling farm posted by sirhc on April 19, 2013 at 09:09:36:
I doubt they can get a loan from one back if another is foreclosing??? However, if anyone shows up with CASH at a foreclosure sale and their bid is accepted by all parties (bank and county all happy) ITS THEIRS....Subject to any statutory redemptions. In our county you have like 2 hours to deliver certified funds or cash so you have to have all your ducks in a row and the cash ready.
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