Updated over 11 years ago on . Most recent reply
John ThedfordPoster
#5 Wholesaling Contributor
#5 Wholesaling Contributor
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- Naples, FL
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What Is The Typical Discount On REO In Your Market?
John ThedfordPoster#5 Wholesaling Contributor
#5 Wholesaling Contributor
- Real Estate Broker
- Naples, FL
I realize this question is vague. In SW Florida, houses that don't have major issues such as Chinese drywall appear to be priced about 10-15% below average retail asking prices. There is little margin for investors due to inflated prices. What are typical SFR REO prices discounted in various parts of the country?