posted by dtod@comcast.net
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dtod.wordpress.com - 10/9/2009
What and why do Banks bid at auctions for your assets and the effect on the borrower and guarantors.
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Always an question, what will the bank bid at the foreclosure auction? Sometimes it’s the full amount of the debt other times it’s nothing and other times it is a small amount above the highest bid. It is an important question as it affects the residual debt of the borrower and ...
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