Updated almost 14 years ago on . Most recent reply
Went to an auction and found the the bank irrational
I went to an house auction over the weekend and when I got there found out the asking price the bank has set was unreasonable high. The price was at 95k for a property value at 100k (Based on similar houses in the area).
The property had about $3k worth of unpaid taxes. And the inside needs major work.
Is the bank irrational? or they are smarter than I am?