What Is The Customary Offer To A Lender On An REO?
After I have viewed the property both inside and out and determined my repair costs and speculated return on investment, what is the customary offer to a lender on that property? What makes the lender respond - 10%, 20% or am I way under? Thanks for your reponses!!!
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offer what you think is the best price you can offer in order to make your return, not what you think they MIGHT except