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Sample00 · 03-27-2007, 05:54 PM

I dont suspect there are any great foreclosure bargains out there right now.
most banks when they do a foreclosure will sell the house at market value.
in this economy, market value could be quite expensive. you would still have to qualify for a mortgage in case you wanted to purchase the house from the lender.

03-27-2007, 05:54 PM	#3
Sample00 Sleazy Banker Join Date: Oct 2001 Location: Cold Lake Alberta Canada Exp:	I dont suspect there are any great foreclosure bargains out there right now. most banks when they do a foreclosure will sell the house at market value. in this economy, market value could be quite expensive. you would still have to qualify for a mortgage in case you wanted to purchase the house from the lender.