No. of Recommendations: 0
Well, we are still hoping to bod on a foreclosed house at auction in 2 days. We paid a title company to do a preliminary report and they fould that there is a 2nd mortgage for $22,000. And they said this will have to be paid. Sounds like a big chunk of money, but if we allow for that in our bidding, then not so much of problem.

Maybe you guys will know if this amoutn can be negotiated down with the bank?? Thanks.

Footsox
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement