| What if the property doesn't appraise? |
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Once the 5 Day Sale Auction is concluded and a “Best Bidder” is awarded the sale, the real estate transaction is put under contract in accordance with all applicable state real estate laws in the state the property is domiciled in. At that point, the transaction is handled as is any normal real estate sale subject to financing (if applicable), property inspection(s), and appraisal. |