How much can you discount it?

In either case, you can save a TON of money by buying discounted HD or Lowe's (HD is easier to find) gift cards/store credit off Craigslist (I normally pay 70% of face).

You do realize that REO agents donet have much insides for pricing or any thing...Most oif them dont even double end any more as they are fearful from banks.Keep in mind Buying REOS, is dealing with a system that doesn't make sense, I have a few agents that bring me deals and they are big REO agents, they work off volume and not discounts, offer has to be sent to asset manager and that manager may or may not let go of that asset.

My concern is that because I got it at a discount and the financing used is listed as "conventional" (which typically denotes that a non-FHA mortgage was used to purchase.

Vistaprint is the best and there are always discount codes floating around the internet.

Maybe, if I got super-lucky and had the perfect connections, maybe I could find 1 property in the good areas of Raleigh at an extreme discounted price.

That being the case, all these homes then become REOs So, here is my question/ thought for discussion:Is next year going to be the best time to buy REO properties since these houses are going back to the bank with no equity and the banks will continue to have an increase in their REO portfolios, therefore possibly having to discount at extreme rates to unload them off their books?

In ref to previous post, if you give a discount for a longterm lease, how much of one do you give?

Equally bad, if you are buying at a HUGE discount to market, the appraiser usually won't make the appraisal for much more than the purchase price.

Hey Everyone,Just wanted to let you know, that after spending about 5 k on courses, I have to say Eric's stuff is as advertised, and it doesn't cost the usual $997 of the Dunlop, Ely, Clotier et al guru crew.theforeclosureschool.com is an excellent value also.Another note on Eric, I bought his Do this Make Money version 2 course, this past friday, he was away for the weekend, and his auto responder was working and sent me an offer for buyer blitz as a test to rate it at a discounted price of 29 bucks.