Has anyone purchased a foreclosed home?

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ultraflexed

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Yes, the first house I bought for 190k when it originally sold for 550k new 4 years pryor

The bank wanted to get rid of it, when first tried to buy it they wanted 235 so I let it drop almost 50k before i bought it.

Sold it 4 years later for 350k....:myman:


It's a buyer's market right now so you have leverage
 
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ultraflexed said:
Yes, the first house I bought for 190k when it originally sold for 550k new 4 years pryor

The bank wanted to get rid of it, when first tried to buy it they wanted 235 so I let it drop almost 50k before i bought it.

Sold it 4 years later for 350k....:myman:


It's a buyer's market right now so you have leverage
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sellers market where I’m at. I figured it was like that in the majority of the country.
 
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