2007-11-09 12:09:23 · 5 answers · asked by Michele b 2 in Business & Finance ➔ Renting & Real Estate
Less than they should!!!!
:)
I found a website that had some pretty good information from Reality Trak that you might find interesting.
2007-11-09 12:11:37 · answer #1 · answered by Anonymous · 0⤊ 0⤋
I have found REO's to be fairly inflexible on their asking price. Most have had a Broker's Price Opinion, and know what the property is worth.
You cannot low ball an REO. You will have to be close to the asking price.
2007-11-09 14:33:28 · answer #2 · answered by godged 7 · 0⤊ 0⤋
Earlier this year, I saw one go for $20K ABOVE asking price. Don't assume that the asking price can always be negotiated downward. If the property is very attractively priced, it will go for asking price or more.
2007-11-09 12:35:03 · answer #3 · answered by acermill 7 · 0⤊ 0⤋
Ussaully they will try and stay withina 5% tolerence of the outstanding principal.
2007-11-09 12:13:30 · answer #4 · answered by WCJKD 2 · 1⤊ 0⤋
it incredibly is desperate by how desperate they are to do away with it. it incredibly is desperate by how long it incredibly is been on the industry. you may furnish what ever you like, yet they'd counter furnish and require extra.
2016-11-10 23:42:10 · answer #5 · answered by ? 4 · 0⤊ 0⤋