Help me understand
I have bought one property at foreclosure and attended many, many more. I'm trying to understand something though. If your house is valued at $280,000 (and I believe it to be north of $250,00 based on my knowledge and experience in the area) and you are being foreclosed on for $100,000 why don't you at least try to sell it? There is one house in particular that this is happening for but I've seen it in several cases. In the instant case, there are no other mortgages or liens or judgements. I've done the title work. There has to be a reason they don't sell for at least $200,000 (it would go in a day, guaranteed).
I'm just trying to understand.