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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?

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