Crystal Ball Anyone? Buying a Foreclosure
We've been under contract to buy a foreclosure since the end of August. The closing has been delayed twice (first title company was a "Foreclosure Mill").
We were set to close on the Oct. 15. We just got word that the seller (GMAC) is now asking that the closing date be delayed till Nov. 15.
We know that GMAC has halted the sale of their foreclosures, I'm wondering if there is anyway to find out how long it will actually take for Foreclosed properties to be released for sales to be completed?