Real estate, does banks sell the reo property for what was owed on it or what its worth after appraisel?
July 30, 2010 by gtsay
Filed under Foreclosure Properties
Question by Aintitthetruth: Real estate, does banks sell the reo property for what was owed on it or what its worth after appraisel? i dont understand why I see houses that are worth 100 000 or so selling for 10 000 or less. It makes no sense. Best answer: Answer by SmicklesNeither…. just as much [...]