How much will a real estate liquidation company mark down a property each month?
opienzip asked:
I’m interested in a property that went into foreclosure and is now being sold by a real estate liquidation company. Supposedly, they will systematically drop the price until it sells. If true, how much will the price drop each month? Is there a standard formula for real estate liquidation?
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I’m interested in a property that went into foreclosure and is now being sold by a real estate liquidation company. Supposedly, they will systematically drop the price until it sells. If true, how much will the price drop each month? Is there a standard formula for real estate liquidation?
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Comments(1)
Carmel Valley Real Estate
they often sell it to investors who hold it for 1 yr.
alternative;
check Monday with your county treasurer and see when they
are holding their TAX foreclosure sale [or tax certificate sale if
your state does that.]
you can get a house for less than 10k–with no mortgage needed!