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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] How can you predict how much will be bid @ auction Posted by Laura on June 27, 2002 at 11:50 AM Let's say a house is worth 100K in a "normal" market (not hot either way) In a normal auction, what is the usual percentage that it would go for. 70% ??? Is there some formula that investors use? Do investors shy away from houses where chances of redemption are very high? I realize that the 1st is going to bid its amount, but let's say the 1st is only 50K. That leaves 50K in equity. Thanks in advance. I really need to have some idea. Follow Ups: Just go and observe and you'll quickly know what's happening.. Ward-CA- 6:40 PM, 06/28/02 (0) Post a Followup: Name : E-Mail : Subject : Comments: : Let's say a house is worth 100K in a "normal" market (not hot either way) : In a normal auction, what is the usual percentage that it would go for. 70% ??? Is there some formula that investors use? Do investors shy away from houses where chances of redemption are very high? : I realize that the 1st is going to bid its amount, but let's say the 1st is only 50K. That leaves 50K in equity. : Thanks in advance. I really need to have some idea. Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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