After a commerical reposession of a building, is it required that banks sell the property on the court house steps, or can they negotiate?
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The requirements of state law and the loan contract will dictate if a public or private sale is required. A call to your state's Attorney General should help you gain an understanding of the state requirements.
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The requirements of state law and the loan contract will dictate if a public or private sale is required. A call to your state's Attorney General should help you gain an understanding of the state requirements.
