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Can you explain foreclosure rules and processing?


An associate of mine, newly weds living with their parents, is pre-approved and is seeking to purchase this foreclosure. The bank holding the foreclosed property/mortgage has had three appraisals on the property this young couple wishes to buy. This young couple has had their escrow tied up for 6 months. Is there any hope in sight?

 

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Larry Wall says

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3 years ago
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