“I have a client in escrow on a PQ REO property. It was already listed below the comps, we lowballed, negotiated hard to get it even lower and got credits. You speak authoratively about things you have no clue about which is what makes you so dangerous to the posters around here. ”
Kind of speaks to the current state of the market. There was a time when virtually every REO listed under market got bid up. Now they tend to linger.