Can foreclosure properties be sold at artistic price?
Answers: We have alot of foreclosers and its up to the bank that holds the loan. Banks want as much as they can catch to get the loan off their books. I've read that even the auction price permitted on the day of auction has be rejected by the bank.
What do you mean by 'original price'? The price of the existing loan? If the house is valued at $200,000 and the loan is for $50,000, the hill would still want $200,000.
You must consider not what you personally want, but also what the bank will buy it for. I sold my first flipped foreclosure for a bit smaller amount than I wanted. It was still biddable though. If you want the strategies, they're at http://taxliensmadeeasy.info
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