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Updated about 6 years ago on . Most recent reply

William Adams's profile image
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William Adams
  • from Sewell, New Jersey
  • Member since Dec 26, 2017
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William Adams's profile image
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William Adams
  • from Sewell, New Jersey
  • Member since Dec 26, 2017
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William Adams
  • Sewell, NJ
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Foreclosures

Buying REO from Selene Finance

William Adams
  • Sewell, NJ
Posted

Hi, I wanted to know if anyone on here has purchased a REO from Selene Finance?

How did it go? I put an offer in on one of their properties and they countered but no where close to my offer. We went back and forth a couple of times but I feel the price is still to high. The property has been on the market for 90+ days. Seller has not dropped the listing price. As far as I know, there are no other acceptable bids. Any advice? Thanks.

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Jason D.'s profile image
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Jason D.
  • Rental Property Investor
  • from St. Petersburg, Fl
  • Member since May 8, 2017
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Jason D.'s profile image
Jason D.'s profile image
Jason D.
  • Rental Property Investor
  • from St. Petersburg, Fl
  • Member since May 8, 2017
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Jason D.
  • Rental Property Investor
  • St. Petersburg, Fl
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Jason D.
  • Rental Property Investor
  • St. Petersburg, Fl
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I don't know anything about Selene Finance but my advice is that if you have a purchase price to make a deal work, stick to it. If they aren't willing to move to your price, walk away. Maybe it become a deal in the future but for now, keep hunting.
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