Originally Posted by ADL Josh

...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!