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What is an overbid?

Overbid is going to be a particular amount above what was accepted already and is in front of the court at that point.


The buyers, if they show up in court, they would have to perform at that level that we’ve already advised them of. They’ll be able to know by communicating with me or on line seeing it on the MLS or on various websites – what the overbid amount will be, when the court hearing will be, and what the opening bid amount will be at that point.