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Updated about 4 years ago on . Most recent reply

Lance Castille's profile image
Lance Castille's profile image
Lance Castille
  • New to Real Estate
  • from Lafayette, Louisiana
  • Member since May 11, 2019
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Lance Castille's profile image
Lance Castille's profile image
Lance Castille
  • New to Real Estate
  • from Lafayette, Louisiana
  • Member since May 11, 2019
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Lance Castille
  • New to Real Estate
  • Lafayette, LA
1
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2
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Starting Out

foreclosure property bought by a bank at sheriffs sale

Lance Castille
  • New to Real Estate
  • Lafayette, LA
Posted

Hi All,

Very new to real estate investing. I was going through foreclosures on a website and decided to look up the property's information on the tax assessor's website. I noticed that the bank that owns the property, purchased the property at a sheriff's auction for $45k but is selling the property for $90k. Can I use this information to negotiate the purchase price or would I be wasting my time? 

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