How can a home that was last sold at a certain amount be forclosed at a higher amount?

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Question refers to 2132 NW Eucalyptus Dr, Hermiston, OR 97838
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0Yes

May 23 2009
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Answers (1)

Profile picture for mtngant
The borrower could have refinanced the home and owe more than the last purchase price.

If you are referring to the bank's asking price, they are probably trying to get close to what they feel is market price.
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0Yes

January 11 2010
 

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