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Stopbuyingem…, Home Owner in Goldsboro, NC

Is this a fact? Most REO (bank owned) properties are priced to move and some banks will consider up to 82% of the asking price.

Asked by Stopbuyingempty, Goldsboro, NC Tue Apr 30, 2013

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You might find that larger banks will sell properties at greater discounts compared to smaller banks. Generally speaking, I've seen banks accepting bids within 90% of their asking price. If you offer below 80% you need to justify your offer to have the best chance of acceptance. You're best bet is to make an offer that works specifically for you and your goals.
0 votes Thank Flag Link Mon May 20, 2013
You really never know with banks... It just depends on how badly you want the house.
0 votes Thank Flag Link Wed May 1, 2013
As we say in the biz..."Make an offer for you never know!"
0 votes Thank Flag Link Tue Apr 30, 2013
thank you
Flag Tue Apr 30, 2013
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