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Updated over 16 years ago,
dealing with the bank
hi,
i planning to go to trustee sales auction and bid on second loan and if i win, then go to the bank and negotiate first loan with them.
second loan is 145k
first loan is 500000k
opening for the second loan 5000k
house hard value 700000k
what do you think?
it is possible to get better purchase price, then first loan amount?
any advise
thank you