Updated almost 6 years ago on . Most recent reply
Need advice on making a foreclosure offer
Hello! Two years ago I bought my first dilapidated HUD home with incredible advice from you folks. House is fully renovated now and I LOVE IT (paid $34K, now appraised for $185K). It's my primary residence. Considering buying another house, this one is a foreclosure. The house I'm interested in was bought at auction for $120K in 2019 by someone. No idea what happened but it was almost immediately foreclosed on and listed for sale as a foreclosure January 2020. List price is $82K. Any suggestions on a low ball CASH offer that a bank might say YES to?