Asked by Gail, 19115 • Fri Dec 26, 2008
When bidding on a foreclosure, is the bank expecting the asking price or is it OK to bid lower? I have heard that you should start at 1/2 the asking price; I have heard that the bank won't accept anything lower than the asking price; I have heard that you negotiate as you would with any transaction. I am confused and need a little guidance.
Real Estate in Tucson
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