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Foreclosure Forum |
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Pay Less After Trustee SaleIn Reply to: Re: Offer on a PreForeclosure posted by JAck on April 27, 2009 at 4:59 AM
Banks are notorious for turning down a perfectly good SS offer, only to receive far less when they take the property back. If Holly can't stop the FC and is willing to wait until the property is taken back, she can buy it as an REO--probably for less than she's hoping to pay now.
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