Foreclosure in 92648>Question Details

lsuzanne168, Home Buyer in Nevada City, CA

Can I buy my house back at the listed REO price or my original default amount?

Asked by lsuzanne168, Nevada City, CA Wed Sep 19, 2012

If my house REO listed for $50000 and I originally owed $100000. If have the cash to buy it for $50000 will the bank accept the offer or do I have to go back to reclaiming my house with fees, panalty, and pay $100000 instead?

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No, you may buy it back at the listed price or whatever you can negotiate the price for. Good Luck!
0 votes Thank Flag Link Thu Sep 20, 2012
You can buy it back at listed price, good luck winning the bid
0 votes Thank Flag Link Thu Sep 20, 2012
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