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Updated about 11 years ago on . Most recent reply

John Thedford's profile image
John Thedford's profile image
John Thedford
  • #5 Wholesaling Contributor
  • Real Estate Broker
  • from Naples, FL
  • Member since Feb 7, 2013
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John Thedford's profile image
John Thedford's profile image
John Thedford
  • #5 Wholesaling Contributor
  • Real Estate Broker
  • from Naples, FL
  • Member since Feb 7, 2013
Connect
John Thedford#5 Wholesaling Contributor
  • Real Estate Broker
  • Naples, FL
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Foreclosures

What Is The Typical Discount On REO In Your Market?

John Thedford#5 Wholesaling Contributor
  • Real Estate Broker
  • Naples, FL
Posted

I realize this question is vague. In SW Florida, houses that don't have major issues such as Chinese drywall appear to be priced about 10-15% below average retail asking prices. There is little margin for investors due to inflated prices. What are typical SFR REO prices discounted in various parts of the country?

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