Making An Offer On A VA Foreclosure
Good afternoon Biggerpockets members. I need input from those who have bought foreclosures and have experience with VA. I recently put in my first offer, which is a foreclosed, VA property. The offer I put in is $20,000 less than the list price. The Sellers agent countered with the original list price, but the seller would be willing to pay for any repairs (at cost to me and to be added in the sells price of the home). Based on the market in this area, I would receive a gain of $29,000 from the deal. Now, not what I wanted, however for my first deal I am willing to take a chance. But my question to the Biggerpockets community is this; Does VA foreclosures typically stick with there list prices or do they give more negotiate room than this?