Home › Forums › Closed Forums › Buying and Selling RE › REO sale at less than our offer
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jeeman.
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December 21, 2010 at 10:05 PM #644465December 21, 2010 at 11:18 PM #643431
briansd1
Guest[quote=bearishgurl]
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?[/quote]Me, I like REO and short sales.
After the biggest bubble in modern history, I have a strong aversion to paying inflated prices and bail out a seller.
I also have a strong aversion to REOs and short sales that aren’t listed nicely below the general market.
I just want to snag a deal and not let any seller get the satisfaction of “not giving it away”. That thus gives me the satisfaction of having “stolen it”. 😉
The art of the deal, as Donald Trump would put it.
December 21, 2010 at 11:18 PM #643502Guest[quote=bearishgurl]
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?[/quote]Me, I like REO and short sales.
After the biggest bubble in modern history, I have a strong aversion to paying inflated prices and bail out a seller.
I also have a strong aversion to REOs and short sales that aren’t listed nicely below the general market.
I just want to snag a deal and not let any seller get the satisfaction of “not giving it away”. That thus gives me the satisfaction of having “stolen it”. 😉
The art of the deal, as Donald Trump would put it.
December 21, 2010 at 11:18 PM #644083Guest[quote=bearishgurl]
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?[/quote]Me, I like REO and short sales.
After the biggest bubble in modern history, I have a strong aversion to paying inflated prices and bail out a seller.
I also have a strong aversion to REOs and short sales that aren’t listed nicely below the general market.
I just want to snag a deal and not let any seller get the satisfaction of “not giving it away”. That thus gives me the satisfaction of having “stolen it”. 😉
The art of the deal, as Donald Trump would put it.
December 21, 2010 at 11:18 PM #644219Guest[quote=bearishgurl]
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?[/quote]Me, I like REO and short sales.
After the biggest bubble in modern history, I have a strong aversion to paying inflated prices and bail out a seller.
I also have a strong aversion to REOs and short sales that aren’t listed nicely below the general market.
I just want to snag a deal and not let any seller get the satisfaction of “not giving it away”. That thus gives me the satisfaction of having “stolen it”. 😉
The art of the deal, as Donald Trump would put it.
December 21, 2010 at 11:18 PM #644540Guest[quote=bearishgurl]
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?[/quote]Me, I like REO and short sales.
After the biggest bubble in modern history, I have a strong aversion to paying inflated prices and bail out a seller.
I also have a strong aversion to REOs and short sales that aren’t listed nicely below the general market.
I just want to snag a deal and not let any seller get the satisfaction of “not giving it away”. That thus gives me the satisfaction of having “stolen it”. 😉
The art of the deal, as Donald Trump would put it.
December 22, 2010 at 12:22 AM #643511bearishgurl
Participant[quote=briansd1] . . . I just want to snag a deal and not let any seller get the satisfaction of “not giving it away”. That thus gives me the satisfaction of having “stolen it”. 😉
The art of the deal, as Donald Trump would put it.[/quote]
That is, if you’re the “successful bidder” on an “REO.” Whether or not you got an “under-market” deal is purely subjective.
December 22, 2010 at 12:22 AM #643582Participant[quote=briansd1] . . . I just want to snag a deal and not let any seller get the satisfaction of “not giving it away”. That thus gives me the satisfaction of having “stolen it”. 😉
The art of the deal, as Donald Trump would put it.[/quote]
That is, if you’re the “successful bidder” on an “REO.” Whether or not you got an “under-market” deal is purely subjective.
December 22, 2010 at 12:22 AM #644163Participant[quote=briansd1] . . . I just want to snag a deal and not let any seller get the satisfaction of “not giving it away”. That thus gives me the satisfaction of having “stolen it”. 😉
The art of the deal, as Donald Trump would put it.[/quote]
That is, if you’re the “successful bidder” on an “REO.” Whether or not you got an “under-market” deal is purely subjective.
December 22, 2010 at 12:22 AM #644299Participant[quote=briansd1] . . . I just want to snag a deal and not let any seller get the satisfaction of “not giving it away”. That thus gives me the satisfaction of having “stolen it”. 😉
The art of the deal, as Donald Trump would put it.[/quote]
That is, if you’re the “successful bidder” on an “REO.” Whether or not you got an “under-market” deal is purely subjective.
December 22, 2010 at 12:22 AM #644620Participant[quote=briansd1] . . . I just want to snag a deal and not let any seller get the satisfaction of “not giving it away”. That thus gives me the satisfaction of having “stolen it”. 😉
The art of the deal, as Donald Trump would put it.[/quote]
That is, if you’re the “successful bidder” on an “REO.” Whether or not you got an “under-market” deal is purely subjective.
December 22, 2010 at 8:02 AM #643591SD Realtor
ParticipantAbsolutely… you may think you got a great deal until you do a reno and find mold in the wall or a cracked slab.
December 22, 2010 at 8:02 AM #643662ParticipantAbsolutely… you may think you got a great deal until you do a reno and find mold in the wall or a cracked slab.
December 22, 2010 at 8:02 AM #644243ParticipantAbsolutely… you may think you got a great deal until you do a reno and find mold in the wall or a cracked slab.
December 22, 2010 at 8:02 AM #644379ParticipantAbsolutely… you may think you got a great deal until you do a reno and find mold in the wall or a cracked slab.
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