Accepted REO's offers in your region?

[William S]

I was to curious to find out, from those investors actively buying REO's from banks, what the range is for a typical accepted offer.

I'm sure this range will differ from state to state. There will also be a substantial difference between some of the most affected states in the country and those that did not experience such ridiculous appreciation between 03' and 06'. However, all things considered, I would like to ask all investors on this forum to please submit the following:

1) Your city and state

2) A basic range (50-55 cents/1.00, 56-60 cents/1.00...etc) as pertaining to your own personal
experience on accepted offers.

3) Please include your source as well (was it via a listing broker, RE Agent or carve out from larger
institutional buyer..etc)

4) How many times do you resubmit your typical offer until it's accepted?

Thanks in advance everyone.

Will