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Eric Reid

"imagine the possibilities"
  • 31 Helpful Answers
  • 75 Answers
  • 23 Listings
Broker at Renaissance Realty Group
Experience:
Managing Broker for Renaissance Realty Group January 2008—present
Specialties:
As the Managing Broker for Renaissance Realty Group, Eric brings strong leadership skills, professional experience, and a proven record of success. He ... show more
Certifications
& Awards:
Top Ten Agent 2006
Top Ten Team 2007
... show more
Interests:
If it's not Real Estate it has got be relaxing with yard work and garden hobbies.
About:
Renaissance Realty is a team of professional, experienced REALTORS® dedicated to providing comprehensive real estate services to home sellers, home buyers, ... show more
Testimonials:
""I had complete confidence you could sell my home. Your services and advice were excellent. Thanks for your efforts and please congratulate your team. ... show more

What is a good offer on a Foreclosure Home?

Eric Reid answered:
I would look at the most recent sale of and equal property. As an REO agent I am required to update the lender every 30 days with the recent sales. So the bank knows what the value of recent sales are.
So I would prepare the offer based on recent sales, cost of required repairs. - Tue Dec 16 2008, 20:04

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