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re: Foreclosures
Posted on 7/30/10 at 4:14 pm to tigeraddict
Posted on 7/30/10 at 4:14 pm to tigeraddict
I have personally witnessed at auction where the guy had a $125,000 house. He owed $40,000 when the bank foreclosed. Bidding started at $75,000 and sold for $90,000. The bank kept all the profit.
1
Posted on 8/4/10 at 12:38 pm to I Love Bama
Just remember, after a foreclosure is sold, the original owner has up to a year to come back and get the house back...BE FORWARNED..
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