When a house is going into foreclosure can you ask the homeowner for a short sale or do you have to wait?

Me & my boyfriend found a house that we like, it was up for sale and now it just started to go into foreclosure. I just want to know do we have to wait until its in foreclosure an the people are no longer live there to go an buy it or can you talk to the homeowners an see if they will do a short sale? If we have to wait until it goes into foreclosure an its only been 30 days since it has how much longer do we have to wait?

Related Topics:

  1. House going from short sale to foreclosure? Lets say a house is trying to be sold short sale and after a while the bank says enough is enough and they put it in foreclosure. Do they usually keep the price the same when they move it to foreclosure or do they change it?...
  2. Foreclosure on house while its up for short sale? My parents house is on short sale and they have one buyer, but the foreclosure letter came today and said that the house will be up for auction in nine days. Where do they go from there? Do they have to leave if the house technically is for sale? Also,...
  3. What is a short sale and how long you have to wait to buy another house again? I heard a short sale in when you can pay or can sell your house for the amount you bought it for… For example I bought my house for $235k and now it cost between $170k to $190k, so it is upside downs for around $60k. I heard that I...
  4. Can a homeowner sale the house in foreclosure, a day before the bank takes it to auction? If the house is in foreclosure, can the owner try to sale it a DAY before the banks final foreclosure auction. Will that help the owners credit score, by that time?...
  5. Is a short sale legit for a third party going to the bank with a house that is going into foreclosure? I was wondering if a 3rd party can really go to the bank with no credit check etc. and pay a low amount for cash on a property that is in or going into foreclosure. My landlord is letting the house go that route, and I wanted to know is...
  6. I live in New Mexico and my house is in foreclosure. Is a short sale a good option? My house is currently in foreclosure. Ive talked to the lenders Countrywide and they suggested I do a short sale. They said to try to sell it at a price comparable to what other houses in the neighborhood sell for. They said if it doesnt sell for that then keep...
  7. Difference between short sale and foreclosure on my house? We owe more money than what our house is worth. My realitor is suggesting a short sale or a foreclosure, what is the difference? Which will hurt my credit less?...
  8. Can i put my house up for short sale after receiving a notice of trustee sale? Can i put my house up for short sale after receiving a notice of trustee sale? Is it still possible? How would one go about putting their property up for short sale? Is a foreclosure specialist needed to put a house up for short sale? And if my house gets...
  9. shall we pay a short sale house were renting, we have 1 yr lease agreement? We started renting this house since august 2009, the landlord told us that this house is for short sale.One day she had somebody visit the house as potential buyer. A neighbor warn us that this house is on foreclosure process. Shall we still pay the rent? how will we know...
  10. How long does it take to get an answer when putting in an offer on a house up for short sale? I heard that when buying a house that is up for short sale, you wait a long time to get an answer from the bank on your offer. How long do people typically wait to see if their offer is approved?...