RMN1999_V2 t1_jef2wj1 wrote
Reply to comment by Admirable-Common-176 in Are low foreclosed and pre-foreclosed house prices a scam? How is it possible for their prices to be so low? I'm planning on moving to Seattle soon and have been considering them. by illusiveconsistence
To add a little to this post. The lien holders typically bid the price to whatever they are into the property for. This allows them to be made whole if someone buys it. It has to be a really crappy property for this not to happen.
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