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Foreclosure Forum |
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A close guess of what the opening bid is going to be.In Reply to: What is posted by greg on July 28, 2003 at 8:07 PM
: Ward, : When I use your previously given formulas (Dec 2002 article), and 60yr interest table, often the total arrearage figure I get is much less. : Why the discrepancy? : Greg, To the unpaid balance the trustee and lender add their respective charges, penalties, out of pocket expenses, etc. I always add a thousand bucks to the "Approx. Bid" to get a little closer to the real bid.
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