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Updated almost 7 years ago on . Most recent reply
Bjorn AhlbladPoster
#5 Multi-Family and Apartment Investing Contributor
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Bjorn AhlbladPoster
#5 Multi-Family and Apartment Investing Contributor
Pro Member
#5 Multi-Family and Apartment Investing Contributor
- Investor
- Shelton, WA
So I am scanning on this site; but have never attended a live or on line auction. A property has caught my eye....................it says opening bid 108K and debt outstanding 410K. Are there clues how to read the tea leaves here to approximate an amount-need to know how many cashiers checks one might need to bring for shopping? Do lenders have any targets or control over recoveries-where might they step in?
Insights will be most appreciated.