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Do you have to have 'cash only' at a foreclosure auction?

In: Debt and Bankruptcy, Mortgages, Debt Collection, Foreclosure [Edit categories]

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No, a cashier's check will work, too.

First answer by ID0000000000. Last edit by anonymous. Question popularity: 190 [recommend question].

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What is the difference between a tax foreclosure auction and a bank foreclosure auction?
One is done by the IRS, and the other is done by your bank.
How do you find Foreclosure auction date?
Assuming we are talking about the US the auction process will vary by state. It can also vary based on the type of process (judicial or trust deed). The key is to look for the Notice Of Default...
Do you have to be out of your property by the foreclosure auction date?
No, you do not. State laws vary, of course, with some requiring formal eviction proceedings and others just giving you notice when you have to leave. Some banks will offer you the chance to stay in...
Can you buy a house with cash after foreclosure?
You can buy anything with cash...
How long do you have in a house when sold at foreclosure auction?
All states require that the borrower gets at least some notice before his house is sold. If it is a judicial foreclosure the borrower will get 15 to 30 days time to respond to the court complaint...