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Updated almost 15 years ago,
preapproved loan for auctions
Hi BP members,
This is my first post in this forum :) . I'm from seattle area.
Ok here is my question. I read somewhere that i cannot use preapproved loan for bidding at auction. i have about 15-20% of the total price in cash with me. the remaining would be financing.
Can i bid with the cash i have in hand and finance the remaining amount.