Updated over 12 years ago on . Most recent reply
Fannie Mae Discount
The amount I'm willing to offer on a fannie mae REO is at 85% of asking right now and they countered, but I'm not willing to move higher.
I've read conflicting things about them taking offers at 8, 10, even 15% off asking price. This home is nearing the 60 day mark -- do they generally start taking bigger discounts after 60 days? 90?
Even if they drop the price again, I would probably be around 87-90% of asking.