Foreclosure in Dumfries>Question Details

Moonstone, Home Buyer in 22408

I going to put in a offer on a Vet Admin Foreclosure. With simultaneiou offer closing I'm at a loss as to

Asked by Moonstone, 22408 Sat Jun 14, 2008

what price to offer. Does the VA negotiate?? Do they evaulate the bidders first and then look at their offered price? I'm afraid I'll bid too low and get rejected w/o even a counter offer.

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Since you have an agent no other agent can give you specific advise on how to make an offer on a property. It would violate the Realtor Code of Ethics. Please give them a call and have them walk you through the process.
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0 votes Thank Flag Link Sun Jun 15, 2008
I'm not sure I understand your question. Are you looking at a property with sealed bids or are you looking at a property that is listed in the MLS and wondering what to offer? If you aren't working with an agent then you should find an agent who is familiar with the foreclosure process who can help you determine the right value for the property.
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0 votes Thank Flag Link Sat Jun 14, 2008
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