Home Buying in 26651>Question Details

Digger, Home Buyer in West Virginia

How much below market value are PHH foreclosed properties selling for. I'm interested in a home that the

Asked by Digger, West Virginia Sat Apr 25, 2009

debtors paid 24,000 too much for and needs some repair. Is it realistic to bid 35 to 40 % under the asking price. I live in rural WV and real estate here is starting to slow down.

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Most of the time the banks won't accept an offer this much below the asking price but, it does make a difference if the property has been on the market for a long time.
0 votes Thank Flag Link Tue Apr 8, 2014
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