[fakeflowers]

...foreclosure and resells? I saw a house today at a very good price, but it needs a lot of elbow grease put into it. The guy showing it to us said that a 3rd party (him I guess) bought it after the bank repossessed it to pay off the loan and resell it. He said that if they can't get the money back out of it.. the 3rd party business can file the money lost and get it back through the insurance company.

Is this true? I've never heard of this happening before.