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Foreclosure in Lake Shore : Real Estate Advice

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Activity 3
Jessica Hood…, Real Estate Pro in Gambrills, MD
Mon Feb 17, 2014
Jessica Hood & Laura Roskelly answered:
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 substantially so your bid should be based on current market values, not the asking price. ... more
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Gerard Carney, Real Estate Pro in Spring Hill, FL
Tue Jul 12, 2011
Gerard Carney answered:
The asking price, but even that might get a rejection from the bank! Talk with a Realtor and work a strategy out.
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Dan, Home Buyer in 21122
Sun Aug 8, 2010
Dan answered:
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 negotiating down homepath, no they don't budge on price expect to pay close to listing, A fair initial offer would be X dollars or Z%) ... more
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