View Single Post
Old 05-08-2007, 12:05 PM  
ADL Josh
Confirmed User
 
Join Date: Feb 2007
Posts: 3,026
I know I should go to a different forum to ask this but...(help needed)

...i don't really want to, i like GFY...so GFY

anyways..I'm looking into buying a house. It's a foreclosure and it's selling for less than the house is worth. My question is: Do banks give loans for more than what the asking price of the house is? For example, if the asking price was 200k and the house was worth 300k, Would the bank give me 275k if I wanted it.

I know it's not a normal GFY topic, but i'd rather talk with people here than at some bank forum, if there even is any.

Any help would be appreciated, Thanks!
__________________
ICQ: 395-433-632
ADL Josh is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote