Buying a Foreclosure at a Home Auction? Here’s How Much You’ll Probably Spend
HomeLight
OCTOBER 5, 2020
Also remember that, although you may be hoping for a discount, the bank is trying to recoup as much of the appraised value as possible. Even when the bank has set an appropriate price for the home, in line with its appraised value, the current real estate market in the area can have an important impact on its eventual sale price.
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