In the world of foreclosure auctions, real estate investors are always hunting for properties up for grabs. These auctions, usually run by banks looking to sell off defaulted properties, involve a tug-of-war between investors and the starting prices set by the banks. Investors assess property values in advance and bid cautiously. There are times when the initial prices set by the banks are higher than what investors are willing to pay, creating a tricky situation where investors try to snag a good deal while banks aim to make up for their losses in these fast-paced auctions.

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