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James Ramsey
  • Shelby, NC
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Courthouse sale vs reo list after

James Ramsey
  • Shelby, NC
Posted

For those that track them, what do banks that buy their foreclosure at the courthouse typically list them for and what kind of discount do they usually accept. I saw a house that I know is in great shape go for 78K at the courthouse. It was bought for 141500 3 years ago from a flipper who paid 80K and put 15 into it. It was recently on the market before the foreclosure for 114K. Should I upset the bid or let it go to market and season or worse be put in a pile of other homes for a investment firm to buy?

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