Asked by Lollipop, Vienna, VA • Thu Jul 17, 2008
agent to schedule a walk-through. The seller agent told my agent that the house would be taken off the market and placed back on market on July 20th.
I just found out the house is going up for auction on the courthouse steps on July18th. the lien is for 210k, and the lowest price it was listed for was 169k before going on tempoff. The listing started at 200k, then went to 189k, then to169k in a matter of several months with no sale.
I'm wondering if the house doesn't sell, and gets listed as an REO on July 20th, what would be he approx. new listing price? Would the price go up now that the bank owns it? I am approved and ready, just wanted a walk-through that never happened (supposedly the owner had problems showing due to a tenant in the property?)
Thanks for any insight.
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