Posted by Natalie-VA on July 24, 2007 at 15:50:27:
I’m not an attorney, but I’ve bought many homes at FC auctions. If you are obtaining conventional financing, it’s not a good idea to bid on an occupied home. You can’t count on the occupants to let your appraiser and other inspectors in. You will have to evict them if they refuse to leave, and that won’t happen within 15 days. I would stick with the vacant ones for now.