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	<title>Comments on: Buying A Foreclosed Home?</title>
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		<title>By: satarnag</title>
		<link>http://www.elicitfx.com/realestate-listings/buying-a-foreclosed-home/comment-page-1#comment-785</link>
		<dc:creator>satarnag</dc:creator>
		<pubDate>Sat, 31 Oct 2009 08:51:59 +0000</pubDate>
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		<description>Maybe the third or fourth lien holder is foreclosing. If you show up at auction and pay that amount, you will need to pay off everyone else. Now, if that is the first lender, then that&#039;s a great deal.

Regards&lt;br&gt;&lt;b&gt;References : &lt;/b&gt;&lt;br&gt;Satar Naghshineh
California Licensed Real Estate Broker 
Amiri Property and Financial Services Corp. 
Irvine, CA</description>
		<content:encoded><![CDATA[<p>Maybe the third or fourth lien holder is foreclosing. If you show up at auction and pay that amount, you will need to pay off everyone else. Now, if that is the first lender, then that&#8217;s a great deal.</p>
<p>Regards<br /><b>References : </b><br />Satar Naghshineh<br />
California Licensed Real Estate Broker<br />
Amiri Property and Financial Services Corp.<br />
Irvine, CA</p>
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		<title>By: ST S</title>
		<link>http://www.elicitfx.com/realestate-listings/buying-a-foreclosed-home/comment-page-1#comment-784</link>
		<dc:creator>ST S</dc:creator>
		<pubDate>Sat, 31 Oct 2009 08:20:59 +0000</pubDate>
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		<description>I don&#039;t think it is, but found a place where you can really buy one: Here it is:
Scroll down there are more:

http://www.buying-investment-property.info/

http://forumforme.com/

Hope it helps a bit.&lt;br&gt;&lt;b&gt;References : &lt;/b&gt;&lt;br&gt;</description>
		<content:encoded><![CDATA[<p>I don&#8217;t think it is, but found a place where you can really buy one: Here it is:<br />
Scroll down there are more:</p>
<p><a href="http://www.buying-investment-property.info/" rel="nofollow">http://www.buying-investment-property.info/</a></p>
<p><a href="http://forumforme.com/" rel="nofollow">http://forumforme.com/</a></p>
<p>Hope it helps a bit.<br /><b>References : </b></p>
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	<item>
		<title>By: acermill</title>
		<link>http://www.elicitfx.com/realestate-listings/buying-a-foreclosed-home/comment-page-1#comment-783</link>
		<dc:creator>acermill</dc:creator>
		<pubDate>Sat, 31 Oct 2009 07:38:59 +0000</pubDate>
		<guid isPermaLink="false">http://www.elicitfx.com/realestate-listings/buying-a-foreclosed-home#comment-783</guid>
		<description>No, of course that&#039;s not the price.  What you are seeing is the amount of money which the current homeowner is in default on the loan.  Assuming that this property is eventually fully foreclosed upon, the bank will offer it for sale at the current market value for the property.  What they will accept to sell it may not be market value, but it will be FAR more than $2238.&lt;br&gt;&lt;b&gt;References : &lt;/b&gt;&lt;br&gt;</description>
		<content:encoded><![CDATA[<p>No, of course that&#8217;s not the price.  What you are seeing is the amount of money which the current homeowner is in default on the loan.  Assuming that this property is eventually fully foreclosed upon, the bank will offer it for sale at the current market value for the property.  What they will accept to sell it may not be market value, but it will be FAR more than $2238.<br /><b>References : </b></p>
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