REO Reasonable Offer

dealhunter profile photo

what percentage of the asking price would be considered a reasonable offer on an REO property listed by an realestate agent?
I understand that a lot of factors might influence such an offer...
...I would just like a general idea.
Thank you for your time and understanding.

Comments(2)

  • tinman175519th July, 2004

    In the first 90 days 95% is best in my opinion. After that amount of time on the market, anything could be considered. You can put in as many bids as you want. The problem with that is someone else might outbid you immediately.

    You are the only one who can decide what the property is worth to you

    Lori
    [addsig]

  • dealhunter19th July, 2004

    Lori,
    Thank you very much for taking the time to answer...Your opinion is TRULY APPRECIATED.

Add Comment

Login To Comment