Short Sale Help
Hello, we are new to investing and are studying up on Short Sales. We've read alot of post and learned alot but one question is still open. Can you do a short sale on an REO? There is a house we've seen that is an REO and has been for over a year for $599,000.00 (bank owned) if it is possible, any ideas why it's been on the market for so long? And what would a good offer be for a short sale? Or should we stay away from Bank owned homes? Thank you for any help! :-?
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