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Gurus - I liked a house that was Foreclosed and wanted to purchase (Now Bank Owned). This is the first house I am planning to purchase and not sure about how to negotiate with the Bank.

Please share your inputs on how to proceed and negotiate with Bank and finding a Realtor. Any input on this will be greatly helpful and appreciated.

Thank You,
Kamshare

Member Summary

Bump

Sorry you are going to have to do your own homework and only come here with specific questions.

your best bet is to buy a house that is actually for sale, banks are difficult to deal with, and you aren't going to snag some legendary deal, forget about short sales and foreclosures unless you have a high tolerance for pain and frustration



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