Home › Forums › Closed Forums › Buying and Selling RE › REO sale at less than our offer
- This topic has 115 replies, 9 voices, and was last updated 13 years, 11 months ago by jeeman.
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December 21, 2010 at 4:48 PM #644316December 21, 2010 at 5:17 PM #643216bearishgurlParticipant
Racer5,
Why is obtaining an “REO” the “be-all” and “end-all” for you . . . or is it? Do you honestly believe REOs are a “good deal” in comparison to a “traditional sale” that has to compete with them in the marketplace?
To me, “competing” for one of these monstrosities (sans a Transfer Disclosure Statement) is akin to “standing in line” for the pleasure of paying too much or even “bidding against yourself” for a property that some deadbeat lost to foreclosure. Does this bode well for a property that has been properly maintained when the previous owner couldn’t even make their mortgage payments? As a qualified buyer, how is all of this YOUR problem??
Just think about this…
December 21, 2010 at 5:17 PM #643287bearishgurlParticipantRacer5,
Why is obtaining an “REO” the “be-all” and “end-all” for you . . . or is it? Do you honestly believe REOs are a “good deal” in comparison to a “traditional sale” that has to compete with them in the marketplace?
To me, “competing” for one of these monstrosities (sans a Transfer Disclosure Statement) is akin to “standing in line” for the pleasure of paying too much or even “bidding against yourself” for a property that some deadbeat lost to foreclosure. Does this bode well for a property that has been properly maintained when the previous owner couldn’t even make their mortgage payments? As a qualified buyer, how is all of this YOUR problem??
Just think about this…
December 21, 2010 at 5:17 PM #643868bearishgurlParticipantRacer5,
Why is obtaining an “REO” the “be-all” and “end-all” for you . . . or is it? Do you honestly believe REOs are a “good deal” in comparison to a “traditional sale” that has to compete with them in the marketplace?
To me, “competing” for one of these monstrosities (sans a Transfer Disclosure Statement) is akin to “standing in line” for the pleasure of paying too much or even “bidding against yourself” for a property that some deadbeat lost to foreclosure. Does this bode well for a property that has been properly maintained when the previous owner couldn’t even make their mortgage payments? As a qualified buyer, how is all of this YOUR problem??
Just think about this…
December 21, 2010 at 5:17 PM #644004bearishgurlParticipantRacer5,
Why is obtaining an “REO” the “be-all” and “end-all” for you . . . or is it? Do you honestly believe REOs are a “good deal” in comparison to a “traditional sale” that has to compete with them in the marketplace?
To me, “competing” for one of these monstrosities (sans a Transfer Disclosure Statement) is akin to “standing in line” for the pleasure of paying too much or even “bidding against yourself” for a property that some deadbeat lost to foreclosure. Does this bode well for a property that has been properly maintained when the previous owner couldn’t even make their mortgage payments? As a qualified buyer, how is all of this YOUR problem??
Just think about this…
December 21, 2010 at 5:17 PM #644325bearishgurlParticipantRacer5,
Why is obtaining an “REO” the “be-all” and “end-all” for you . . . or is it? Do you honestly believe REOs are a “good deal” in comparison to a “traditional sale” that has to compete with them in the marketplace?
To me, “competing” for one of these monstrosities (sans a Transfer Disclosure Statement) is akin to “standing in line” for the pleasure of paying too much or even “bidding against yourself” for a property that some deadbeat lost to foreclosure. Does this bode well for a property that has been properly maintained when the previous owner couldn’t even make their mortgage payments? As a qualified buyer, how is all of this YOUR problem??
Just think about this…
December 21, 2010 at 10:05 PM #643351SD RealtorParticipantWhat sort of feedback did you get from the listing agent?
December 21, 2010 at 10:05 PM #643422SD RealtorParticipantWhat sort of feedback did you get from the listing agent?
December 21, 2010 at 10:05 PM #644003SD RealtorParticipantWhat sort of feedback did you get from the listing agent?
December 21, 2010 at 10:05 PM #644139SD RealtorParticipantWhat sort of feedback did you get from the listing agent?
December 21, 2010 at 10:05 PM #644460SD RealtorParticipantWhat sort of feedback did you get from the listing agent?
December 21, 2010 at 10:05 PM #643356SD RealtorParticipantWhat sort of feedback did you get from the listing agent?
December 21, 2010 at 10:05 PM #643427SD RealtorParticipantWhat sort of feedback did you get from the listing agent?
December 21, 2010 at 10:05 PM #644008SD RealtorParticipantWhat sort of feedback did you get from the listing agent?
December 21, 2010 at 10:05 PM #644144SD RealtorParticipantWhat sort of feedback did you get from the listing agent?
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