http://blog.foreclosure.com/2009/08/foreclosure-bidding-process-heats-up-with-multiple-offers/ Distressed Real Estate News and Opinion Thu, 02 Feb 2012 16:42:28 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://blog.foreclosure.com/2009/08/foreclosure-bidding-process-heats-up-with-multiple-offers/comment-page-1/#comment-24580 Tyler Fri, 07 Aug 2009 19:23:15 +0000 http://blog.foreclosure.com/?p=1950#comment-24580 That's a bunch of Hype. Don't believe it. Prices are down but the banks that own these properties aren't letting go for half price. Atleast not in the south. The multibid offers are inflating the prices so dramatically that it lesses the ability to invest back into the property that has been so heavily run down. Don't believe the hype and bid so high on a property that it doesn't make sense to invenst into to bring it back to life. That’s a bunch of Hype. Don’t believe it. Prices are down but the banks that own these properties aren’t letting go for half price. Atleast not in the south. The multibid offers are inflating the prices so dramatically that it lesses the ability to invest back into the property that has been so heavily run down. Don’t believe the hype and bid so high on a property that it doesn’t make sense to invenst into to bring it back to life.

]]>