Curious if by some odd chance it is Citi too. The

that includes financial analysis too?) The

Consider too, the property could have been pledged on a commercial loan and the judgment for the million plus can arise from other debts, not just a mortgage.If the property value is well under that judgment, it's obvious the home was additional collateral.So, no, you don't have to bid a million plus, unless that is the entry bid by the lender, that would put the auction in question, but that's another issue if the property is not worth near that amount.The lender can sell the property for a satisfactory bid, near market and seek the deficiency remaining.

So the bank i talked too, the guy is giving me there appraisal company (3rd party) that they use for there home appraisals.This is a multi unit home, the mortgage guy said when i refinance i can do a 30 year old however i will have to do bi-weekly payments.  

meetups are great too.  the

I would go through the financials with a fine toothed comb and question/verify everything.

Seneca,I have been watching some of the Greensboro properties on there too. The

The lack of income history is going to be a problem, too. The

Everybody will see it all along (any change and the neighbors can let you know), and it will keep your phone ringing (so you can fill any vacancy faster too).The house has not been "for rent" for over three years.

Go over the property with a fine tooth comb.