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Overbidding on REO can backfire

On February 10, 2011 By

Overbidding on REO can backfire
Home Sale Hindsight
By Tara-Nicholle Nelson
Inman News™
February 04, 2011

Q: I’m trying to purchase a house in Nevada. The bid was accepted, but in the addendum it states that if the appraisal is lower than the offered price, the buyer will pay the difference […]

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