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Posted by Steele in Minnesota on March 25, 2007 at 22:57:33:
In Reply to: going to attend a trustee sale posted by first_time_investor on March 25, 2007 at 21:02:54:
What state are you in?
In most states the bidding starts at what is owed to the foreclosing lender. If no one bids higher the property goes to them.
Steele