Re: can't afford our property

Posted by NJDave on November 02, 2005 at 11:47:02:

In Reply to: Re: can't afford our property posted by D on November 02, 2005 at 11:19:25:

There is no guarantee that bidding will exceed judgment amount and approach retail.

If there is any remaining equity... why risk losing it by allowing it to go to foreclosure auction?

You should try to sell before the foreclosure auction.

Follow Ups:

• Re: can't afford our property - D 11:07:48 11/03/05 (1)
  • Re: new thread? - NJDave 11:36:34 11/03/05 (0)

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Comments:
: There is no guarantee that bidding will exceed judgment amount and approach retail.

: If there is any remaining equity... why risk losing it by allowing it to go to foreclosure auction?

: You should try to sell before the foreclosure auction.


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