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Updated over 1 year ago,
How much do you offer the seller for a pre-forclosure purchase?
This is in addition to the closing price (all the monies needed to prevent foreclosure and take possession of the property). One source said 1-2 k above closing price. Another said 5-10 k above closing price. But I can't seem to find a definite answer. This is assuming there is enough equity in the spread, of course. Thank you.