Posted by: harold ®
11/10/2003, 22:46:33
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anyone know recently talked with bank about short sale they gave me a driveby appraisal of 110.000 of prop.there is a 150.000 1st. and a 30.000 2nd. they have both property needs repair what would be a reasonable price to offer they have agreed to speak with me on phone with the homeowners consent the homeowner is in a foreclosure hold status while paying back late pymts. after reconfirming loan while in chapter 7 bankruptcy actually the homeowner would like to buy at a reduction short sale and they have the money however banks do not usually do that or do they i would think 85 to 90.000 would work since their would be no agents or foreclosure costs for them to fool with what do you think your comments greatly apreciated
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