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 Sell property back to bank, Sell property back to bank

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kk131
post Feb 25 2017, 06:31 PM

On my way
****
Junior Member
566 posts

Joined: Jun 2005
From: Somewhere over the rainbow


How can you sell your property to the bank?

You can default on the loan and the bank will probably put the property up for auction. If they can collect what is outstanding then they've profited.

 

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