Asked by Indymill, Greenwood, IN • Fri Feb 17, 2012
The judgement on this house was $ 360,000. The opening bid started at $ 235,000 and my top bid was $ 285,000 and the bank came back at $ 291,000 so I lost the auction. After the sale I approched the banks lawyer and asked what their top dollar was for bidding and he said they would have went to $ 385,000. I am confused why when the house on the market right now may only be worth $ 300,000, Why did they outbid me and why would they spend so much to get this house? Is there anything I can do to get it besides waiting for it to hit the market? I really need help and really want this dream home for me and my family. Please help!
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