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Foreclosures

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Jason Borowy
  • Orange Park, FL
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17
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Online Auctions

Jason Borowy
  • Orange Park, FL
Posted Nov 19 2014, 05:38

It seems to me that most online auctions have a reserve that is way above what the property is worth. The banks must rely on some very busy REO agent that simply drives by without doing an inspection of the inside. Is there a way of contacting the bank after the auction ends with no bids so that a reasonable offer can be made ?

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