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Updated over 10 years ago,

Joe Nasr's profile image
Joe Nasr's profile image
Joe Nasr
  • Real Estate Investor
  • from Los Angeles, California
  • Member since Sep 25, 2014
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User Stats

9
Posts
3
Votes
Joe Nasr's profile image
Joe Nasr's profile image
Joe Nasr
  • Real Estate Investor
  • from Los Angeles, California
  • Member since Sep 25, 2014
Connect
Joe Nasr
  • Real Estate Investor
  • Los Angeles, CA
3
Votes |
9
Posts
Foreclosures

Good REO deals?

Joe Nasr
  • Real Estate Investor
  • Los Angeles, CA
Posted

I was going through realty track and noticed a lot of REO's listed value or estimated market value is above the nearby sales prices.

What does this information reflects? 

How can a condo/townhouse be estimated and listed at X price and nearby sales are lower? Does this mean its not a good deal for a REI?

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