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Re: Pay Less After Trustee Sale

Posted by Holly on April 27, 2009 at 2:19 PM

In Reply to: Pay Less After Trustee Sale posted by CC in OC on April 27, 2009 at 8:05 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.

The seller doesn't seem to be interested in "getting real" on making this happen. They countered and we've given them our final offer which I doubt they will take based on their first response. Does it make sense for us to call the people that hold their loan at this point and tell them we are trying to purchase this home? Or will that make any difference at this point?


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