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Updated over 7 years ago,

Chris Laino's profile image
Chris Laino's profile image
Chris Laino
  • Real Estate Agent
  • from East Brunswick, New Jersey
  • Member since Mar 14, 2017
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User Stats

33
Posts
3
Votes
Chris Laino's profile image
Chris Laino's profile image
Chris Laino
  • Real Estate Agent
  • from East Brunswick, New Jersey
  • Member since Mar 14, 2017
Connect
Chris Laino
  • Real Estate Agent
  • East Brunswick, NJ
3
Votes |
33
Posts
General Real Estate Investing

Forclosure Investing Question

Chris Laino
  • Real Estate Agent
  • East Brunswick, NJ
Posted

Hi,

I am new to investing and I was interested in potentially buying foreclosed properties (REO- not at an auction)and reselling them. I was curious how much under the asking price the bank would be willing to accept. For example a house that was listed at $500,000 but has been on the market for 100+ days? Any help would be greatly appreciated!

-Chris  

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