From: "Scott" 
Newsgroups: misc.consumers.house alt.invest.real-estate alt.bankruptcy
Subject: Which Bank Do You Think Will Buy this House At The Sherrif's Auction?
Date: 21 Feb 2007 09:50:18 -0800
   posting-account=tuJ6lw0AAACoN-H5tUmt_IcFqd-lnG-h

Who do you think will buy the house at the sherrif's auction?

Bank 1 - $ 415,000 (foreclosing entity)
Bank 2 - $  50,000
Probably $ 6,000 in back taxes

House probably worth $ 435- 440,000

What is the typical amount a bank would be willing to lose to avoid
buying a house?

Thanks,
FSK