Making an offer on a REO

[Barb Niehaus]

I've been an REO buyers agent for 12 years but been awhile since I made an offer for a retail buyer: normally it's cash, close in 10 days. Will banks pay any closing costs? I know cash is king but will banks look at an owner occ over an investor?

Thanks so much!!

[Wayne Brooks]

You can ask for seller paid closing costs, but of course they will look at their Net when comparing to other bids.