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Updated about 10 years ago,

Christina R.'s profile image
Christina R.'s profile image
Christina R.
  • Investor
  • from DMV Maryland
  • Member since Apr 24, 2013
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Christina R.'s profile image
Christina R.'s profile image
Christina R.
  • Investor
  • from DMV Maryland
  • Member since Apr 24, 2013
Connect
Christina R.
  • Investor
  • DMV Maryland
370
Votes |
867
Posts
Real Estate Agent

when an REO is listed at one price, dropped and dropped, then relisted higher than last price drop

Christina R.
  • Investor
  • DMV Maryland
Posted

REO on market for 170 days +. The price has been incrementally dropped. Now there is a status change with the price higher than the last price drop by about 10K. Is this the bank's call to increase and why would they when clearly no one is buying it at the price it was last listed at?

thnx!

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