Real Estate - real estate agent

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How much will a real estate liquidation company mark down a property each month?

opienzip asked:


I’m interested in a property that went into foreclosure and is now being sold by a real estate liquidation company. Supposedly, they will systematically drop the price until it sells. If true, how much will the price drop each month? Is there a standard formula for real estate liquidation?

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Posted September 12th, 2008 in Renting & Real Estate

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One Response to “How much will a real estate liquidation company mark down a property each month?”

  • kemperk says:

    Kansieo.com

    they often sell it to investors who hold it for 1 yr.

    alternative;
    check Monday with your county treasurer and see when they
    are holding their TAX foreclosure sale [or tax certificate sale if
    your state does that.]

    you can get a house for less than 10k–with no mortgage needed!

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