Updated about 17 years ago on . Most recent reply
REO investing trivia
I realized, there are many folks out there who have questions but are shy...So am starting this trivia where you learn tons of stuff, and you know where you stand. Please post your questions/trivia in this thread with 3 options like below. Kindly answer the questions to the best of your ability.
Which offer will the bank pick from below for a Bay Area house in good condition listed at 400K?
A. 390K, 2 contingencies, structural and mortgage
B. 380K, 1 structural contingency
C. 370K, Zero contingencies