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Foreclosure Forum |
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Projected Net Equity question...Hi Ward, What I should be looking out for when figuring a bid price on a piece of property? I know the FMV is probably the most important number, but what is the "contribution to buyer's cost" number? Should I figure in a 6% selling commission here in CA? What's the average for the transactional expenses? Finally, what's the best way to figure a maximum bid? As you can probably tell, I'm just starting out. Thanks, Follow Ups:
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