They start at a minimum to get the bid activity going. The bank normally has a reserve which is a minimum amount they need to sell. If it does not hit that reserve price, they buy it back or retract the offer. Most reserves are higher than the value of the house. You also need multiple cashier checks for the exact pay if you do win the action.
I have several rental homes in the Clayton County area. Please take a look at my website www.eliterealtyatlanta.com. You will see we are experts in the Clayton/Henry County areas and assist you in a smooth trasition into a new home near Morrow. Also, within the Trulia system under my profile, view my rental listings.
Elite Realty Group
can fannie mae really discriminate like that? If there is a 3.5% incentive available to all homebuyers, can they keep it a secret from some buyers and get away with it. does not fannie mae have to give it to all that qualify.... more
I've been searching for this listing in the zip code associated with your question but I can't find it on our site. Can you post an answer here with a link to the listing or the complete address of the property so we can investigate further?
Customer Service Representative... more