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Foreclosures

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Sandy Weed
  • Real Estate Investor
  • Woolwich, NJ
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For those that wholesale REO and bank owned properties....

Sandy Weed
  • Real Estate Investor
  • Woolwich, NJ
Posted Jan 20 2016, 18:51

What kind of spread do you tend to see between the list price of the asset vs what you resell it for? For example: REO listed for $100k - been on the market for 90 days. ARV of $140k. What would you contract it for and what would your end buyer likely pay for it? Do the end buyers want to see a big difference between the list price and their price?

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