Greetings, Is there a procedure for buying reo properties? Can the list price be negotiated? If so, how do I do this? What percentage of the list price can I offer? Muchas Gracias! Anthony
It all depends of the bank and how reasonably they price the property. If you hear the price, and think it's high, offer less and tell they why. I have pissed a few banks / sellers off buy way low balling a price. But asking 450K for a property on a good day was only 360K was just silly.
It all depends of the bank and how reasonably they price the property.
If you hear the price, and think it's high, offer less and tell they why.
I have pissed a few banks / sellers off buy way low balling a price. But asking 450K for a property on a good day was only 360K was just silly.