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Posted by Nick(Colorado) on July 01, 2003 at 10:13:58:
In Reply to: CASH FOR HOMES posted by ROBERT PERUSKI on July 01, 2003 at 00:17:10:
Robert Peruski:
If you sell to a foreclosure investor during the redemption
period I would not expect to see much more than 80% of FMV.
This is about what you indicated that you own, in this case.
However you may own more. Before you list the property I would
get the real redemption figure from the trustee. In Michigan
I think that the trustee is the registrer of deeds. If you
owned ~115K when foreclosure started, its probably up to
at least ~125K by now.
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