Each opportunity varies. Each opportunity varies. Current research shows that 70% of preforeclosure and auction amounts are discounted an average of 19%, and 31% of preforeclosure and auction amounts are discounted 30% or more by the lender.

Does that translate to 101%

Does that translate to 101% of the auction amounts being available on the market?

So what you are really

So what you are really saying that 31% of the 70% are discounted by 30% from the original price or from the 19% discount? :)

I can see how this could be

I can see how this could be confusing as originally stated. Let's try it this way:

1. 70% of ALL are discounted

2. Of the 70% that were discounted the average discount  is 19%

3. 31% of ALL are discounted by 30% or more -- leaving 39% that were discounted, but by less than 30%, and these were included in calculating the 19% in 2 above.

Hopefully that isn't even more confusing. :-)