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Excessive bidding at the auction

Posted by Ward-CA- on June 28, 2002 at 7:02 AM

In Reply to: trustee sales posted by michelle on June 27, 2002 at 11:16 AM

: Why would an investor bid a property up to 90% to value. How would they make any money.

=========================

Michele,

We see that happening here in San Diego and wonder the same thing. Doesn't the law of gravity work for everyone, we wonder?


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