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On Yahoo Real Estate – Can You Buy Houses In Foreclosure At Their Listing Price?

By admin

I’m starting to learn about real estate in general. A house in my neighborhood on yahoo real esate is in foreclosure with $25,000 left to pay on the house. Can you make an offer to the bank to pay that $25,000 off and take ownership of the house? Or do you have to go... »

Real Estate > Foreclosure Auction > Debt Owed Versus Orignal Sale Price?

By admin

I’m looking at a home that will be a foreclosure auction. The house was sold in 2005 for $25,000. The debt owed is $59,000. Is the $59,000 what is remaining to be paid on the original mortgage (principal $25,500 + interest)? It is appraised at $45,000. Share and Enjoy: »

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