is it true?# Living
n*l
1 楼
This home is a Real Estate Owned (REO)/Post Foreclosure. Once a lender has
foreclosed on a property it is soon put up for public auction. If bids fall
short of the asking price the bank will buy back the home and attempt to
sell it on the open market. However, lenders are not real estate agents,
meaning that they will often accept offers 30 to 60 percent less than market
value!
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
here! how can it be ture?
foreclosed on a property it is soon put up for public auction. If bids fall
short of the asking price the bank will buy back the home and attempt to
sell it on the open market. However, lenders are not real estate agents,
meaning that they will often accept offers 30 to 60 percent less than market
value!
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
here! how can it be ture?