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Can foreclosure properties be sold at original price?

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Can foreclosure properties be sold at original price?

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  1. You must consider not what you personally want, but also what the bank will buy it for.  I sold my first flipped foreclosure for a bit less than I wanted. It was still good though. If you want the strategies, they're at http://taxliensmadeeasy.info


  2. We have alot of foreclosers and its up to the bank that holds the loan. Banks want as much as they can get to get the loan off their books. I've read that even the auction price accepted on the day of auction has been rejected by the bank.

    What do you mean by 'original price'? The price of the existing loan? If the house is valued at $200,000 and the loan is for $50,000, the bank would still want $200,000.

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