Foreclosure in Lake Shore : Advice

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Jessica Hood, Real Estate Pro in Odenton, MD
Jessica Hood answered:
I want to purchase a property that is a Homepath/REO. Is the listing price the full amount that the seller wants or is this like a bidding thing?
listing prices are usually negotiable. Fannie Mae normal does an appraisal or BPO to determine value but they don't always get it right. I've had them overvalue properties substantial ... more
0 votes Share Flag Mon Feb 17, 2014 Foreclosure in 21122
Gerard J. Ca…, Real Estate Pro in Spring Hill, FL
Gerard J. Carney answered:
Help with an initial offer with a homepath REO foreclosure
The asking price, but even that might get a rejection from the bank! Talk with a Realtor and work a strategy out.
0 votes Share Flag Tue Jul 12, 2011 Foreclosure in 21122
Dan, Home Buyer in 21122
Dan answered:
Help with an initial offer with a homepath REO foreclosure
Thanks guys, I have a real estate agent and she's working up comps, I'm just trying to gather others opinions based on there experience (i.e. I've been successful at nego ... more
0 votes Share Flag Sun Aug 8, 2010 Foreclosure in 21122
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