Thread: Real Estate
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Old 11-05-2009, 01:54 PM   #32
neckdweller
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OK, that makes a lot more sense. Agreed on the point of not getting a huge bargain on any foreclosure properties. Banks aren't going to let a property go for much less than either the mortgage value or the market value - either way, it won't be a major deal for a third party buyer.
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