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- During a commercial foreclosure sale, the property is sold to the highest bidder, and the funds are used to pay off the borrower’s loan with the lender1. The lender will compete against other lenders to buy the property during this business foreclosure sale1. Commercial foreclosures can be sold either through a public auction or as an REO property direct from a bank or government lender2. Auctions are the most common type of foreclosure sale2. All you have to do is show up and bid on the day of the auction2.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.During a commercial foreclosure sale, the property is sold to the highest bidder, and the funds are used to pay off the borrower’s loan with the lender. The lender will compete against other lenders to buy the property during this business foreclosure sale.pointacquisitions.com/commercial-real-estate/insig…Commercial foreclosures can be sold either through a public auction or as an REO property direct from a bank or government lender. Auctions are the most common type of foreclosure sale. All you have to do is show up an bid on the day of the auction. However, be careful to stay within your limits.www.bankforeclosuressale.com/commercial-forecl…
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