Home › Forums › Housing › house(s) in foreclosure – way too cheap price › I’m no expert but I believe
I’m no expert but I believe it is still the amount of the default. Hard to believe someone could lose a house entirely for that much, but it happens.
It could always be bad info, and the bank is going to sell it for market value anyway, so it’s not a real helpful number.
You can always try and contact the agent, and see what the asking is, mention the amount listed and try to work a deal.