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Updated over 14 years ago,

Jack Srimani's profile image
Jack Srimani's profile image
Jack Srimani
  • Real Estate Investor
  • from roscoe, Illinois
  • Member since Jul 25, 2009
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User Stats

131
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8
Votes
Jack Srimani's profile image
Jack Srimani's profile image
Jack Srimani
  • Real Estate Investor
  • from roscoe, Illinois
  • Member since Jul 25, 2009
Connect
Jack Srimani
  • Real Estate Investor
  • roscoe, IL
8
Votes |
131
Posts
Foreclosures

Negotiating REOS

Jack Srimani
  • Real Estate Investor
  • roscoe, IL
Posted

While purchasing a REO property if my inspection shows a lot of issues can I negotiate price with the bank. Also if I am in a situation where the inspection reveals multiple issues that requires major expenses to put it in a livable condition and I decide to walk away from the deal then do I lose the earnest money. Thanks for any help. Regards,

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