Most foreclosure website are not updated regularily . The info is old or only partially correct. Most REO will appear in the MLS so a realtor is your most accurate and upto date sourse. - Thu May 8 2008, 18:12
There is no set %. A home owner can list their house for whatever they want. If it is overpriced they will probably need to come down more than the owner who has it priced right. In many cases a house may sell for more than the list price because it is worth more than the list price. Get yourself a Buyer's agent and TRUST HIM OR HER. Full time, experienced agents know the market and can guide you. Pricing is not an exact science - a house is worth what a buyer is willing to pay for it. How much is this house worth to YOU? Listing a house high doesn't mean the seller will get more. Listing a house low doesn't mean the seller will give the house away. A buyer's agent 's job is to get you the house you want- that doesn't always mean get it for the lowest price - in trying to do so you may loose it. - Thu May 8 2008, 17:43
MVPs or 'Most Valuable Players' are key Trulia Voices members who have been contributing high-quality content throughout 2008 and providing valuable advice to consumers and real estate professionals.