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forclosure/pre-forclosure

Hello All,

I was looking through the forclosurealert website and had a question regarding the many numbers.
If the "Amount of Default" is larger than the "Estimated Value", is this upside down? Does this mean leave this one alone?

I have seen the amount of default very low compared to the estimated value also. Does this make it a deal worth pursuing?

Sorry for the "newbie" questions as I only recieved Deans book last week.

Thanks for any clarification.
Greg