Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Mortgage Brokers & Lenders
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 16 years ago on . Most recent reply

Account Closed
  • Tucson, AZ
45
Votes |
945
Posts

What chance they will accept

Account Closed
  • Tucson, AZ
Posted

my offer?
I just offered about $20,000 less than the list price on a lender owned property, at the suggestion of my agent, who said that's about what REO's are going for here.
The property was just put on the mls. I was probably among the first to have seen it, and I included a loan status report with my offer. Close was noted to be in 30 days, agent said it would more likeky be 45.

Will the lender hold out for a better offer, or are they interested in selling to the first qualified party?

Loading replies...