The Best Financing For Your REO Offer

It really has become an important part of the offer process....what is the financing the proposed purchaser wants to use?  Certain lower priced offers are accepted just because their financing is considered better.  Better generally means more likely to close.  One of the realities of bank foreclosures..leave the emotion at the door.  This is why […]

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Four Clues Why A Corporate-Owned Property Offer Was Rejected

Lets explore one of the more common questions buyers agents have on corporate-owned property ...why was my offer not accepted?  Unfortunately, the answer often lies in what the buyer's agent did not do correctly. Here are a few of the more common reasons offers are rejected.

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Does The Bank Care About Your Offer?

Do you fear that the bank (or any corporate seller) is ignoring your offer.  Buyers and their agents jump to this conclusion because they have not heard a response for the offer they submitted.  They are accustomed to 24 hour turnaround on offers made in the conventional home sales world.

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Foreclosures For Sale Usually Now Bring Multiple Offers, Cash Buyers

For the last six months the trend has become more and more apparent.  The inventory of foreclosures held by banks is actually being liquidated!  Prices are set at a level that many buyers make offers, terms become an important part of the offer, and in many cases prices are bid up over the asking price.  […]

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Top Ten Items To Consider When Making An Offer On a REO Property

In David Letterman fashion..here are my "Top Ten Items to Consider When Making An Offer on a REO Property."

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