Example I have buyers in escrow now this current escrow and the two other REOs we wrote on, all had 5-6 competing offers. Good property is not sitting on the market.
There is a 2600 sf home in the SAME tract for under $500K, also an REO. See the link below for all "comps" in the Conejo Country Homes tract. Be careful out there and do your due diligence.
Barry, you really think there will be better deals in the coming months? That would be great. I am wondering if this October/November will be a good time to buy? I will have a lot more money back from my investments, and will be able to put a larger chunk down.