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Updated over 17 years ago on . Most recent reply

Whitney Blaine's profile image
Whitney Blaine's profile image
Whitney Blaine
  • from CA
  • Member since Mar 24, 2008
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15
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2
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Whitney Blaine's profile image
Whitney Blaine's profile image
Whitney Blaine
  • from CA
  • Member since Mar 24, 2008
Connect
Whitney Blaine
  • CA
2
Votes |
15
Posts
Foreclosures

buying REO that is listed with an agent

Whitney Blaine
  • CA
Posted

How do you get a good deal on an REO that has already been listed with an agent? I know of a home that has been listed for months. It is bank owned...It is listed for 500k over what the bank bought it back for. It is fair market price How can I get a good deal on it. Can I go to the bank and offer a little more than what they paid? Is that impossible now because it is listed? Any tips or advice would be great!

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