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Updated over 4 years ago,

David Jackson's profile image
David Jackson's profile image
David Jackson
  • Member since Jun 15, 2019
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62
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David Jackson's profile image
David Jackson's profile image
David Jackson
  • Member since Jun 15, 2019
Connect
David Jackson
5
Votes |
62
Posts
General Real Estate Investing

Auction property, 650k Owed to Bank

David Jackson
Posted

So i am looking at a property and it looks like the owners owe 650k to the bank and now the property is being auctioned. 

Does this mean, If one has to bid, the bank will accept not anything less than 650k?

Please advise!

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