Expert, localized Los Angeles answers provided by Heather Roy

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Buying a Foreclosure

  Can I offer less than the listing price for a foreclosure?
 
  It's not clear what the situation is.  Are you going to a foreclosure auction?  Or has the property already been foreclosed and you're trying to buy it from the new owner?  At any rate, you can always offer whatever you want to pay.  Either they'll accept it or they won't.
   
Originally published on February 1, 2010
 
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