Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Foreclosures
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 5 years ago on . Most recent reply

User Stats

12
Posts
1
Votes
Hugh Jameson
  • Flipper/Rehabber
  • Lakeland, FL
1
Votes |
12
Posts

florida foreclosure bank owned purchase

Hugh Jameson
  • Flipper/Rehabber
  • Lakeland, FL
Posted

im looking at a property currently owned by suntrust bank after foreclosure proceedings and im trying to find out what the bank is into the property for and how much they need to get out of the property. 

Im trying to figure out what my offer price should be 

anyway i can find this information?


Thanks in advance 

Most Popular Reply

User Stats

1,932
Posts
869
Votes
Ron S.#3 Foreclosures Contributor
  • Paradise, CA
869
Votes |
1,932
Posts
Ron S.#3 Foreclosures Contributor
  • Paradise, CA
Replied

I think Brian spelled it out already. Make your offer on the price you are willing to pay. I would not spin your wheels trying to figure out all the backoffice calculations you think the bank might entertain. What they are into it for is not relevant. They want as close to retail market value as they can get. If they are off the mark, educate them. Show them with comps. Show them the cost for needed repairs. 

Loading replies...