Does the State of Tennessee provide an upset bid period on real estate foreclosure sales?

Asked on May 28, 2009 under Real Estate Law, Tennessee


M.D., Member, California and New York Bar / FreeAdvice Contributing Attorney

Answered 11 years ago | Contributor

An upset bid is placed after a foreclosure sale has ended that is higher than the highest bid received at the actual foreclosure sale.

Under Tennessee law I could find no such provision allowing for this type bid.  However, I'm not licensed in TN.  Your best bet is to put in a quick phone call to an attorney or realtor in the area to confirm this.

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