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Peter Solomon
"Realtor/ Greater Long Beach, Ca. OC."
- 8 Helpful Answers
- 11 Answers
- 4 Listings
Locations:
Web sites:
Profile Link:
Experience:
Realtor for WG & Associates
June 2002—present
Specialties:
Bank Repos And Foreclosures.
Financing. ... show more
Financing. ... show more
Certifications
& Awards:
& Awards:
Top Sales Awards 2003 to 2006.
CRS ... show more
CRS ... show more
Interests:
LGBT Homes / Lambda
Continued Education. ... show more
Continued Education. ... show more
About:
I follow one of the basic principles of being a licensed Realtor. And that is the rule that your needs and requirements come first and not mine. It makes
... show more
Testimonials:
"Over the past 23 years, I have worked with many, many Realtors and I have to say that you are extremely fortunate to have been represented by Peter Solomon.
... show more
Peter Solomon answered:
Yes, this can be very normal. What the banks are doing is putting many of these at below market price to solicit a bidding war and it's working well for them. I had a few clients recently where we lost 10 offers on bidding wars until we finally landed a bank repo sale. Just be sure your agent runs a CMA to make sure what the actual market price should be. But remember also, you are always protected by the appraisal contingency which will prevent over paying on a property. Not likely to happen in this market but it is built into the RPA contract. Hope this helps you out.
Peter Solomon / Realtor
WG & Associates Real Estate
562-420-1307
Fax-562-684-0326 http://www.soldbypeter.com
Peter Solomon / Realtor
WG & Associates Real Estate
562-420-1307
Fax-562-684-0326 http://www.soldbypeter.com
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