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Updated almost 9 years ago,
Question on Loan
I'm fairly new to real estate and I'm looking into banks that would loan funds for me to purchase homes from auctions. The down fall is that a bank wants to approve the exact property in which you are purchasing, however, in an auction there's a chance that home can be redeemed. There is no guarantee that the home I present to the bank will be the home I will actually get.
Any advice?