Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

Federal Hill : Real Estate Advice

  • All6
  • Local Info1
  • Home Buying3
  • Home Selling0
  • Market Conditions0

Activity 2
Mon Jun 13, 2011
Joe Pfeil answered:
Unfortunately, if a property has multiple offers on it, and many forclosures do, the bank has the listing broker go to a "higest and best" offer situation. This gives all of the people making an offer an opportunity to make a higer offer, the best offer that a buyer is willing to pay, thus, Highest and Best. If this is a good investment for you, and you are willing to offer more for the property, have your agent do a CMA to establish a "fair market value" for the property. The banks today are looking at this as a basis for selling their properties. ... more
0 votes 0 Answers Share Flag
Sun Jun 3, 2012
Christopher Cox answered:
Hi Yujia,

My advice is that you should either have 100% faith that your Realtor is acting in your best interest or you should find another Realtor who you do trust. Your should ask your Realtor to do a market analysis for the property if they haven't already.


Happy Hunting,
Chris
... more
0 votes 3 answers Share Flag
Search Advice
Search

Followers

154