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Updated over 8 years ago,

Allison Nicole's profile image
Allison Nicole's profile image
Allison Nicole
  • Real Estate Agent
  • from Lititz, PA
  • Member since Aug 15, 2015
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5
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1
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Allison Nicole's profile image
Allison Nicole's profile image
Allison Nicole
  • Real Estate Agent
  • from Lititz, PA
  • Member since Aug 15, 2015
Connect
Allison Nicole
  • Real Estate Agent
  • Lititz, PA
1
Votes |
5
Posts
Buying & Selling Real Estate

Seeking an explanation of "Per Diem Rate" on offer forBank-owned

Allison Nicole
  • Real Estate Agent
  • Lititz, PA
Posted

Hi There!

Can anyone explain what the "Per Diem Rate" is in reference to the offer price details on a bank-owned property? I am trying to put in an offer on a property. The default for this value is set at $100 on the website. It asks for offer price, deposit, method of payment, closing date and "per Diem Rate." I would like to know what it is before proceeding. Thank you for any assistance! 

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