In Florida, the homes are priced to sell quickly. In homes under $200,000.00 we are generally seeing the homes receiving mulitiple offers and selling price going above asking price. So be prepared to go above listing price.

You have to be on top of the game. Be the first to get in an offer. =Your agent should know as much as possible about the property and its value to help you make a good offer. Knowing the banks that have the property helps also. Some banks are tough to deal with while others are more acceptable. It is a case by case game.

If the house has the value and you like the property then dont be afraid to bid over list if you realy want it. Are you buying it as an investment or as a home to raise a family?.


It is your decision on what to bid but your agent shold guide you on your offer.

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Most bank owned properties are priced to sell. When the price and conditions of a house are right the house usually sells fast. My personal experience with Bank owned properties that are priced right is that we usually deal with multiple offers even on the first day the property is listed. As a Buyer you need to be competitive if you really want the property. Ask for comparative marketing analysis and study the numbers especially the percentage and ratio of the listed prices compared to the sold prices for the area. As an informed buyer you need to be ready to act when the opportunity knocks the door. If you have any questions, feel free to contact me. Best wishes!

I've seen many times that banks are getting full price offers. There are usually multiple offers on bank owned properties. Hopefully you are working with a realtor. Ask your realtor to provide you with coperables properties. Use this information to determine the price. Many people tend to think that just because the bank owns the property they will give it away. The bank is looking to sell at market value just like any homeowner would. If there are repairs that need to be done, estimate the repairs and make your offer accordingly.
Good Luck to you and I hope you will win the bid on the next home.
On Your Team.
Irena Popilevsky