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what kind of discount we may get if deal with the bank
Submitted by ngatc2002 on Mon, 08/25/2008 - 6:33pm.
‹ What are the pitfalls of buying a 2nd mtg. at auction? at the court house auction, how do i know start bit at ›
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Comments:

Submitted by Sean on Wed, 08/27/2008 - 12:13am.
Typical discounts in CA

Typical discounts in CA right now are 33% below the amount owed to the 1st mortgage lender. It is higher in some areas (Merced at 40%) and lower in others (San Francisco at 13%).

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