By: John K. Fiorillo
Every County in Pennsylvania conducts periodic sheriff’s sales of real estate. The sales are conducted in an auction format with open bidding. The properties at sale are being sold as the behest of a creditor attempting to recover money owed. While there are numerous opportunities, there also exist numerous risks. In order to minimize the risk, you will need to identify some of those risks.
Please read my article setting out some helpful tips if you are interested in buying a property at sheriff sale. Keep in mind that this article does not identify all potential risks. The first tip is to contact me for more information.