it is like an auction

回答: 痛失一次機會!!!va_landlord2012-03-27 06:00:52

I have seen many of those cases.  The seller put up a really low list price and wait for multiple offer.  In most cases, it is REO and bank wants it off-hand ASAP without any repair.  The final price is always higher than the list price. 

One example: a house in Plano listed 60k with market value at 170k+ in 2010.  It needed $40k reapir in my estimation.  It was sold at 71k.

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But the final price is still way lower than the market -va_landlord- 給 va_landlord 發送悄悄話 va_landlord 的博客首頁 (0 bytes) () 03/27/2012 postreply 09:54:53

but it leaves a lot of room for insider... -planotx- 給 planotx 發送悄悄話 (262 bytes) () 03/27/2012 postreply 11:49:57

mostly likely you will always lose, no matter how much you bid. -texastrader- 給 texastrader 發送悄悄話 (59 bytes) () 03/27/2012 postreply 16:59:19

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